Adani Group becomes member of Global Energy Interconnection Development and Cooperation Organization (GEIDCO)

Posted by Daily Shipping Times on 31-03-2017        Tweet

AHMEDABAD: Adani Group, a global integrated infrastructure conglomerate has joined Global Energy Interconnection Development and Cooperation Organization (GEIDCO) as a member. GEIDCO is a non-governmental, non-profit international organization of internationally renowned firms, associations, institutions and individuals who are dedicated to promoting the sustainable development of energy worldwide.

The purpose of GEIDCO is to promote the establishment of a Global Energy Interconnection system, to meet the global demand for electricity in a clean and green way, to implement the United Nations “Sustainable Energy for All” and climate change initiatives, and to serve the sustainable development of humanity.

Adani Group is the first Indian conglomerate to join GEIDCO. This demonstrated the Group’s commitment towards the sustainable development of energy worldwide. The Group’s transmission business and renewable energy business will significantly contribute towards the purpose of GEIDCO.

Adani Transmission Ltd. is the largest power transmission company operating in the private sector in India and owns, operate and maintain around 5,450 Ckt Kms of transmission lines ranging from 400 KV to 765 KV, with a total transformation capacity of around 14,000 MVA. The company is also constructing additional projects of around 1900 Ckt Kms in various States, which were awarded through Tariff Based Competitive Bidding process.

Adani Green is one of leading renewables company in India. It has operating projects of 800 MW and under construction projects of around 1500 MW. Operational portfolio includes world’s largest single location solar power plant of 648 MW at Kamuthi, Tamil Nadu and Country’s largest Single Axis Tracker 100 MW Solar Power Plant in Bhatinda. The company, in a JV with the Government of Rajasthan, is developing Country's largest solar park with 10,000 MW capacity. In Phase –I, it is implementing 2000 MW solar park. Adani Group is also the largest integrated Solar PV manufacturer in the Country with 1200 MW Cell and Module manufacturing facility, set up at Mundra, Gujarat as Phase I of 3 GW capacity integrated manufacturing plant under development.