Adani Green Energy Limited (AGEL), a leading player in India's renewable energy sector, has made significant strides in expanding its solar and wind power portfolio. The company has recently secured a major contract and operationalized new projects, further solidifying its position in the green energy market.

400 MW Solar Power Supply Contract

Adani Renewable Energy Holding Twelve Limited (AREH12L), a wholly-owned subsidiary of AGEL, has been awarded a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for the supply of 400 MW of solar power. The grid-connected solar photovoltaic (PV) power project will be developed in the state of Rajasthan.

Key details of the contract include:

• Power capacity: 400 MW
• Tariff: Rs. 2.57/kWh
• Contract duration: 25 years

This new contract demonstrates AGEL's continued commitment to expanding its solar power generation capacity and contributing to India's renewable energy goals.

Operationalization of 396.7 MW Projects

AGEL has successfully commissioned an aggregate of 396.7 MW of renewable projects at Khavda, Gujarat. These projects, executed through various wholly-owned stepdown subsidiaries, include both solar and wind power installations.

The breakdown of the newly operationalized projects is as follows:

Increased Operational Capacity

With the commissioning of these new projects, AGEL's total operational renewable generation capacity has increased to 13,487.80 MW. This significant boost in capacity underscores the company's rapid expansion and its commitment to India's clean energy transition.

Conclusion

These developments highlight Adani Green Energy's continued growth in the renewable energy sector. The company's ability to secure new contracts and efficiently bring projects online reinforces its position as a key player in India's sustainable energy landscape. As AGEL continues to expand its portfolio, it is making substantial contributions to the country's renewable energy goals and the global fight against climate change.

Adani Green Energy Limited (AGEL) has announced a significant expansion of its renewable energy portfolio with the operationalization of power projects totaling 396.7 MW capacity at Khavda, Gujarat. This development marks a substantial step forward in the company's commitment to clean energy generation.

Project Details

The newly operationalized projects, as detailed in a recent filing to the stock exchanges, comprise:

Capacity Milestone

With this addition, AGEL has reached a noteworthy milestone:

• Total Operational Renewable Generation Capacity: 13,487.80 MW

This increase represents a significant step in Adani Green Energy's expansion strategy and reinforces its position as a major player in India's renewable energy sector.

Operational Timeline

According to the company's disclosure:

• Decision to Operationalize: March 27, 2025, at 7:44 p.m.
• Commencement of Power Generation: March 28, 2025

Strategic Importance

The operationalization of these projects in Khavda, Gujarat, is strategically important for several reasons:

1. Diverse Portfolio: The mix of solar and wind projects demonstrates AGEL's commitment to a balanced renewable energy portfolio.
2. Geographic Focus: The concentration of projects in Gujarat highlights the state's importance in India's renewable energy landscape.
3. Capacity Growth: This addition represents approximately 3% growth in AGEL's operational capacity, a significant increment in the renewable energy sector.

Company's Commitment

This expansion aligns with Adani Green Energy's broader vision of accelerating India's transition to renewable energy. The company continues to play a pivotal role in the country's clean energy ambitions, contributing to the national goal of achieving a substantial share of renewable energy in the total energy mix.

As the renewable energy sector in India continues to evolve, developments like these underscore the rapid pace of growth and the increasing competitiveness of clean energy solutions in the country's power generation landscape.