Land agreements are in place for the projects in South Australia and Queensland and Adani has commenced the design and tendering phases for both projects.
Adani aims to develop renewable energy projects in Australia with a total capacity of1,500 MW within the next five years.
Adani has constructed approximately 793 MW of solar plant in India to date, including one of the world’s largest solar plants at Tamil Nadu in southern India which has a capacity of 648MW. Adani has a pipeline of a further 1,225 MW in construction or late development phase in India.
Generation of solar energy is part of Adani’s global strategic balanced approach to power generation with its fleet of coal-fired, solar and wind plants supporting the energy policies of the nations in which Adani operates.
The Australian solar projects are in addition to Adani’s $16.5 billion investment in the planned Carmichael coal mine in Queensland’s Galilee Basin a well as rail and port facilities.
The company’s head of Australian operations, Jeyakumar Janakaraj, said that these projects will offer a solid foundation to Adani’s renewable energy business in Australia and will contribute to meeting Australia’s Renewable Energy Target commitments.
“Coupled with the company’s $3.3 billion dollars of investment to date across its mine, rail and port projects in Queensland, Adani’s plans to pursue solar investment opportunities reflect the confidence the company has in the Australian market,” Mr Janakaraj said.
“This reflects both Adani’s commitment as a diversified energy and infrastructure company in India and a leading solar generator in that market, and the company’s plans to build a long-term future with Australia.”
