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MEDIA RELEASE

Adani seeks top spot in Australia as solar energy generator


19th November, 2016
The largest generator of solar energy in India, the Adani Group, has taken its first steps
towards replicating that ranking in Australia.
Adani today announced that it proposes to commence construction of two major solar
projects in Australia next year, each with an output of 100-200 MW.
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 worlds 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 Adanis 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 Adanis $16.5 billion investment in the
planned Carmichael coal mine in Queenslands Galilee Basin a well as rail and port
facilities.
The companys head of Australian operations, Jeyakumar Janakaraj, said that these
projects will offer a solid foundation to Adanis renewable energy business in Australia and
will contribute to meeting Australias Renewable Energy Target commitments.
Coupled with the companys $3.3 billion dollars of investment to date across its mine, rail
and port projects in Queensland, Adanis plans to pursue solar investment opportunities
reflect the confidence the company has in the Australian market, Mr Janakaraj said.
This reflects both Adanis commitment as a diversified energy and infrastructure company
in India and a leading solar generator in that market, and the companys plans to build a
long-term future with Australia.