Adani Green Energy Limited has successfully operationalized a 185 MW wind power project at Khavda, Gujarat, marking another significant milestone in its renewable energy expansion. The project was commissioned through Adani Green Energy Twenty Five C Limited (AGE25CL), a wholly-owned stepdown subsidiary of the company.

Project Operationalization Details

The wind power project achieved operational status on February 28, 2026, with the formal decision to operationalize taken at 11.46 a.m. on the same day. Power generation from the facility is scheduled to commence from March 01, 2026, following all relevant clearances.

Enhanced Operational Capacity

With the commissioning of this wind power plant, Adani Green Energy Limited's total operational renewable generation capacity has reached 17,472.2 MW. This expansion demonstrates the company's continued commitment to scaling its renewable energy portfolio across India.

Strategic Location and Infrastructure

The Khavda region in Gujarat has emerged as a significant renewable energy hub, offering favorable wind conditions for power generation. The project's strategic location supports the company's broader renewable energy development initiatives in the state.

Corporate Structure

The project is operated through Adani Green Energy Twenty Five C Limited, which serves as a wholly-owned stepdown subsidiary of Adani Green Energy Limited. This corporate structure enables efficient project management and operational oversight while maintaining consolidated control over renewable energy assets.

Norway's Government Pension Fund Global, the world's largest sovereign wealth fund managing $2 trillion in assets, has made the decision to exclude Adani Green Energy from its investment portfolio. This move represents a significant development affecting the Indian renewable energy company's international investor base.

Fund Background and Scale

The Norwegian sovereign wealth fund, built from the country's oil revenues, stands as the world's largest of its kind with $2 trillion in assets under management. The fund maintains a diversified global investment portfolio across equities, bonds, and real estate markets worldwide.

Investment Exclusion Decision

The exclusion decision removes Adani Green Energy from the fund's eligible investment universe. This development affects the renewable energy company's access to one of the world's most substantial pools of institutional capital.

Market Implications

The Norwegian fund's decision carries weight in global investment circles due to its massive scale and influence in international markets. As one of the world's largest institutional investors, the fund's investment choices are closely monitored by market participants and can influence broader investment sentiment toward specific companies and sectors.