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 The Indian Express December 06, 2020 Avinash Nair On December 15, Prime Minister Narendra Modi will lay the foundation stone for the 30,000 MW project in Gujarat’s Kutch district, billed as the largest of its kind in the world. On December 15, Prime Minister  Narendra Modi  will travel to Kutch to lay the foundation stone for a 30,000 MW (megawatt) hybrid renewable energy park close to the Indo-Pak border in Kutch district. The project is billed as the largest of its kind in the world. What is this hybrid renewable energy park taking shape in Gujarat? With the Government of India committing itself to installing 175 GW of renewable energy capacity by 2022, the Gujarat government identified 1,00,000 hectares of wasteland near Khavda, 72 km north of Bhuj, close to the international border with Pakistan in Kutch, for an energy park. In April 2020, after taking into consideration the requirements of the defence forces, the Ministry of Defence (MoD) gave its approval to use 72...

 Reuters By  Neha Arora ,  Sudarshan Varadhan NOVEMBER 19, 2020 NEW DELHI/CHENNAI (Reuters) - Adani Green Energy's  ADNA.NS  record $6 billion solar power project announced in June has no guaranteed customer, its deal with India's main solar-adoption agency shows, and may expose the company to higher financial risk. Shares in the firm, controlled by billionaire Gautam Adani, have soared three-fold since the signing of the 8 gigawatt (GW) multi-plant deal, which Adani hailed as the “largest of its type, ever” and a landmark for India. However, previously unreported details of the agreement between Adani Green and Solar Energy Corp of India Ltd (SECI) reveal the agency has no “legal or financial obligation” to support the project if SECI fails to find buyers. This would be the first major SECI project without a state-guaranteed Power Purchase Agreement (PPA), which analysts say has been key to building up India’s renewable energy sector. When SECI floated the tend...