Adani Green Energy Limited has delivered outstanding operational performance in the first nine months of FY26, demonstrating significant capacity expansion and robust energy generation growth. The company's provisional operational update showcases its leadership position in India's renewable energy transition and commitment to sustainable growth.
Exceptional Capacity Growth and Energy Generation
The company achieved remarkable operational milestones during 9M FY26, with capacity additions representing the fastest growth in its history. The operational capacity expansion was driven by strategic greenfield developments across key renewable energy hubs.
| Metric |
9M FY25 |
9M FY26 |
Growth |
| Operational Capacity |
11,609 MW |
17,238 MW |
+48% |
| Energy Sales |
20,108 mn units |
27,636 mn units |
+37% |
| Greenfield Addition |
400 MW |
3,000 MW |
+650% |
The company operationalized 4,187 MW of solar power plants, including 3,137 MW in Khavda, Gujarat, 800 MW in Rajasthan, and 250 MW in Andhra Pradesh. Additionally, 462 MW of wind power plants and 981 MW of hybrid power plants were commissioned in Khavda, Gujarat.
Strong Operational Performance Metrics
Adani Green Energy maintained excellent operational efficiency across all technology platforms during 9M FY26. The company's focus on technology-driven operations and maintenance delivered consistent performance improvements.
| Technology |
CUF (%) |
Plant Availability (%) |
Grid Availability (%) |
| Solar Portfolio |
23.70% |
99.10% |
98.00% |
| Wind Portfolio |
29.20% |
95.50% |
96.90% |
| Hybrid Portfolio |
34.80% |
98.50% |
95.70% |
The company's Energy Network Operations Center (ENOC) in Ahmedabad provides real-time monitoring of operating assets across 12 states, enabling predictive maintenance and optimizing performance through artificial intelligence and machine learning capabilities.
Portfolio Composition and Strategic Positioning
Adani Green Energy's renewable energy portfolio spans 12 resource-rich states across India, with a diversified mix of solar, wind, and hybrid technologies. As of December 2025, the operational portfolio comprises 69% solar, 13% wind, and 18% hybrid capacity.
The company's contract portfolio provides stable revenue streams with 81% of capacity under 25-year fixed tariff power purchase agreements and 19% through merchant and commercial & industrial sales. This balanced approach ensures predictable cash flows while capturing market opportunities.
Global Recognition and Sustainability Leadership
Adani Green Energy achieved significant recognition for its sustainability efforts and operational excellence during the reporting period:
- Ranked No. 1 in Energy Intelligence's Annual Global Top 100 Green Utilities Rankings for 2025, rising from third place
- Mainstreamed the Taskforce on Nature-related Financial Disclosures (TNFD) framework into operations
- Won Water Stewardship and Clean Energy Champion awards in the Gold Category by Financial Express Green Sarthi Award 2025
Future Growth Trajectory
The company remains committed to its ambitious target of reaching 50 GW capacity by 2030, with secured growth paths through resource-rich sites totaling approximately 250,000 acres. The portfolio expansion will include increased focus on merchant, commercial & industrial, contract for difference, and mid-duration hybrid opportunities while maintaining stable cash flows through long-term power purchase agreements.
Adani Green Energy's operational update for 9M FY26 demonstrates the company's ability to execute large-scale renewable energy projects while maintaining operational excellence and sustainability leadership in the global green energy transition.
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