Adani Green Energy Limited has announced that it has received an ESG rating of 87.3 from Care ESG Ratings Limited. The company disclosed this development to stock exchanges on April 11, 2026, in compliance with regulatory requirements under the SEBI Listing Regulations.

ESG Rating Details

The ESG rating assessment was conducted by Care ESG Ratings Limited, with the company receiving the rating information on April 10, 2026. The formal disclosure was made to both BSE Limited and The National Stock Exchange of India Limited on April 11, 2026.

Regulatory Compliance

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Pragnesh Darji signed the disclosure document, which was digitally authenticated on April 11, 2026, at 22:11:45 +05'30'.

The communication was addressed to both major Indian stock exchanges where the company's shares are listed, ensuring compliance with mandatory disclosure requirements for material information that could impact investor decisions.

Company Information

Adani Green Energy Limited operates from its registered office at Adani Corporate House, Shantigram, near Vaishno Devi Circle, S G Highway, Khodiyar, Ahmedabad, Gujarat. The company maintains its corporate identification number as L40106GJ2015PLC082007 and provides investor relations services through dedicated communication channels.

Adani Green Energy Limited has reported robust operational performance for FY26, demonstrating significant growth across key metrics and reinforcing its position as India's largest renewable energy company. The company's operational capacity expanded substantially during the fiscal year, supported by strategic capacity additions and strong operational excellence.

Operational Capacity Expansion

The company achieved remarkable growth in operational capacity, increasing by 35% year-on-year to reach 19,294 MW in FY26. This expansion was driven by the addition of 5,051 MW of greenfield capacity, representing a 1.5 times increase compared to the 3,300 MW added in FY25.

The capacity additions were concentrated in Khavda, Gujarat, where the company operationalized 4,613 MW across solar, wind, and hybrid technologies. Additional solar capacity of 438 MW was commissioned in Rajasthan during the fiscal year.

Energy Generation and Sales Performance

Energy sales demonstrated strong growth, increasing by 34% year-on-year to 37,567 million units in FY26. This growth was directly attributed to the robust capacity addition program implemented during the fiscal year.

Operational Performance Metrics

The company maintained strong operational performance across its renewable energy portfolio. Solar portfolio achieved a Capacity Utilization Factor (CUF) of 24.0% backed by 99.2% plant availability. Wind portfolio delivered a CUF of 26.6% with 95.6% plant availability, while the hybrid portfolio recorded a CUF of 35.2% supported by 98.5% plant availability.

The company continued to exceed its Power Purchase Agreement (PPA) commitments, delivering 106% of the required generation for PPA-based operational capacity. This consistent outperformance demonstrates the reliability and efficiency of the company's renewable energy assets.

Battery Energy Storage System Development

A significant milestone was achieved with the operationalization of 1,376 MWh of Battery Energy Storage System (BESS) capacity in Khavda, representing one of the world's largest single-location BESS deployments. The company has outlined plans to expand BESS capacity to over 10 GWh by FY27, with a contract mix comprising 75% long-term PPAs and 25% merchant and commercial opportunities.

Recognition and Awards

The company received several prestigious recognitions during FY26, including the CareEdge ESG 1+ rating with a score of 87.3, indicating top-tier ESG risk management. Adani Green Energy was ranked number one in Energy Intelligence's Annual Global Top 100 Green Utilities Rankings for 2025 and secured the top position in India rankings by Sustainalytics. The company also won the 2025 CII Performance Excellence Awards for operational excellence.

Future Growth Trajectory

With 19,294 MW of operational capacity, the company's portfolio is positioned to power more than 8.7 million homes and avoid approximately 36 million tonnes of CO2e emissions annually. The company maintains its target of reaching 50 GW operational capacity by FY30, supported by secured resource-rich sites across Gujarat and Rajasthan for solar, wind, and hybrid development, as well as hydro pumped storage projects across multiple states.