Resolven has signed a long-term power supply agreement with the Solar Energy Corporation of India to supply electricity from a 180 MW wind energy project to be developed in Andhra Pradesh.
The project will be executed through Resolven’s subsidiary, Ganeko Three Energy. The agreed tariff stands at ₹3.68 per unit, with the project expected to generate around 490 million units (MU) of clean electricity annually. This output is estimated to power approximately 4.6 lakh households each year while reducing nearly 0.4 million tonnes of carbon emissions, supporting India’s clean energy transition goals.
Company officials said the agreement strengthens Resolven’s wind energy portfolio and aligns with its strategy to evolve into a diversified, multi-technology renewable energy player. The company currently has over 2.5 GWp under construction and a project pipeline of 5.5 GWp, with a long-term target of reaching 10 GWp capacity by 2030.
The project also enhances its capabilities in executing large-scale renewable assets and contributes to building a more balanced and future-ready clean energy mix in India’s rapidly expanding renewable sector.
News by Rahul Yelligetti.