Adani Green Energy's unit, Adani Saur Urja, has won a major long-term offtake contract with Uttar Pradesh Power Corporation Ltd (UPPCL) for a 1.25 GW pumped storage project. The contract is a milestone in India's renewable energy space, reflecting the increasing significance of energy storage solutions. The pumped storage plant will be vital to grid stabilization and peak power management. The deal is part of Adani Green's aggressive strategy to diversify its renewable energy business and support India's clean energy targets. The project is anticipated to promote the integration of intermittent renewables such as solar and wind into the grid, boosting overall power reliability in Uttar Pradesh.
Source: pv magazine India