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Adani Solar Expands Operations in Kerala, Plans 225 MW Solar Power Plant

As part of this expansion, Adani Solar will install a 225 MW solar power plant in Purapura within the next year.

May 29, 2024. By Abha Rustagi

Adani Solar has announced its plans to expand its operations in Kerala, capitalizing on the state's potential in the solar energy market. The solar PV manufacturing arm of the Adani Group has signed a Memorandum of Understanding (MoU) with Kochi-based Almiya Group, a solar distributor, to be its official partner in the state.

As part of this expansion, Adani Solar will install a 225 MW solar power plant in Purapura within the next year. Additionally, the company has established a warehouse in Coimbatore to ensure faster delivery of solar panels in both Kerala and Tamil Nadu.

"We are expanding our business in Kerala. In 2023 alone, we established solar panels for 70 MW in the state," said Cecil Augustine, National Sales Head of Adani Solar.

Augustine emphasized that Adani's Indian-made solar panels boast superior quality and higher production capacity compared to other panels available in the Asian market. He noted that Almiya Group has a history of successful collaboration with Adani Solar, including a 45 MW plant in Tamil Nadu.

Augustine also noted that Adani Solar holds a 50 percent market share in India's residential solar panel market. He emphasized the affordability and efficiency of residential solar units in Kerala, estimating that an average family can install a unit for around INR 1.6 lakh, potentially reducing their power bills to nearly zero. The solar panels come with a 30-year warranty.

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Solar PV

Adani Solar

Memorandum of Understanding