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Adani Group's Oz arm signs power purchase pact

Press Trust of India/New Delhi 08 Oct 17 | 12:40 AM

Gautam Adani

Billionaire Gautam Adani, whose group is vying to build Australia's largest coal mine, on Saturday, said his company had signed its first power purchase agreement for a solar farm near a central Queensland mining town.

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Adani Group plans to build a 100-200 Mw solar plant on a 600 hectare land parcel that was formerly part of the Rugby Run grazing property near Moranbah.


"A great moment & major milestone, @AdaniAustralia signs first Power Purchase Agreement #PPA for the first phase of Solar farm at #RugbyRun," he tweeted.

ALSO READ: Stop Adani to save climate: Thousands of protestors say across Australia

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Sensex

Company Price Gain (%)
Dr Reddy's Labs2,255.602.83
Adani Ports401.602.46
O N G C182.952.26
Lupin845.000.87
Infosys1,011.100.76

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