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Adani going to spend $300 mn on Australia plants

Adani Group, the Indian energy giant has struck land deals in Australia for building two solar plants collectively valued at USD 300 million in a bid for developing 1,500 MW renewable capacity in five years.

According to the company, the construction of AUD 200 million (USD 150 million approximately) each solar plants in south Australia’s Whyalla region and in Moranbah in the east of Australia will start late next year.

The company has secured a land deal with Whyalla city council for the project.

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