Adani Green Energy Limited has successfully operationalized 307.4 MW of renewable power projects at Khavda, Gujarat, marking another significant milestone in the company's expansion of clean energy infrastructure. The commissioning of these projects has elevated AGEL's total operational renewable generation capacity to 17,237.2 MW, with commercial generation commencing from January 1, 2026.

Project Commissioning Details

The operationalization was executed through six stepdown subsidiaries of Adani Green Energy Limited, comprising a strategic mix of wind, solar, and wind-solar hybrid assets. The projects form part of AGEL's rapid expansion at Khavda, where the company is building the world's largest renewable energy plant, targeting as much as 30,000 MW capacity by 2029.

Rapid Capacity Growth Trajectory

AGEL's operational portfolio has demonstrated sharp growth over the past year. The company crossed 15,539 MW in June 2025 and reached 16,486 MW by the end of September, driven largely by greenfield additions at Khavda as well as several hybrid clusters in Rajasthan. As of September 2025, the company had 7.1 GW of solar, wind and hybrid capacity operational at the Khavda site.

Strong Financial Performance

AGEL's rapid build-out is backed by strong financial momentum. In the first half of FY26, revenue from power supply increased 26% year-on-year to ₹6,088.00 crore, while EBITDA from power supply grew 25% to ₹5,651.00 crore. The company maintains an industry-high margin of approximately 92%.

Strategic Expansion Beyond Khavda

Beyond Khavda, AGEL is expanding heavily into the energy storage segment, having announced plans to invest approximately ₹15,000.00 crore in two pumped storage projects totalling 2,700 MW in Assam. The company has set a 50 GW operational target by 2030, positioning itself as India's largest pure-play renewable generator and a key contributor to the country's non-fossil fuel capacity goals.

Adani Green Energy Limited witnessed a substantial block trade on the National Stock Exchange (NSE), highlighting significant institutional activity in the renewable energy sector. The large-scale transaction demonstrates continued investor engagement with one of India's leading green energy companies.

Block Trade Details

The NSE block trade involved considerable volume and value, reflecting institutional-level investment activity. The transaction parameters indicate a significant movement in the company's shares through the block trading mechanism.

Market Implications

Block trades represent large-volume transactions typically executed by institutional investors, mutual funds, or other significant market participants. These transactions are conducted outside the regular market to minimize price impact and provide liquidity for substantial share movements.

The execution price of ₹1,003.30 per share for this block trade provides insight into institutional valuation of Adani Green Energy shares. Such transactions often indicate portfolio rebalancing, strategic investments, or significant stake changes by large investors.

Transaction Significance

The scale of this block trade, involving over one million shares worth more than ₹100 crores, underscores the continued institutional interest in India's renewable energy sector. Block trading mechanisms facilitate efficient execution of large orders while maintaining market stability and providing adequate liquidity for substantial transactions.