Adani Green Energy (AGEL), through its wholly owned subsidiary, Mahoba Solar (UP) Private had won a tender for setting up 300 MWac solar generation projects floated by Solar Energy Corporate of India (SECI), details of which was communicated vide company's letter dated July 13, 2018.
The said tender has been annulled by SECI.
With this, AGEL's portfolio of renewable generation capacity now stands at 3.20 GWac with 1. 96 GWac operational projects and balance 1.24 GWac in development stage.
Shares of the company declined Rs 3.15, or 4.95%, to trade at Rs 60.45. The total volume of shares traded was 10,346 at the BSE (3.22 p.m., Tuesday).