Adani Green Energy has unveiled an ambitious expansion plan targeting the addition of over 5 GW of hydro pumped storage project (PSP) capacity by 2030. This strategic initiative marks a significant milestone in the company's renewable energy portfolio diversification efforts.

Strategic Expansion Initiative

The company's targeted capacity addition represents a substantial commitment to energy storage infrastructure development. Hydro pumped storage projects play a crucial role in grid stability and energy management, particularly in supporting renewable energy integration.

Renewable Energy Portfolio Enhancement

This hydro PSP capacity addition complements Adani Green Energy's existing renewable energy assets, which primarily consist of solar and wind power projects. The integration of pumped storage technology enhances the company's ability to provide grid-scale energy storage solutions.

Market Positioning

The announcement positions Adani Green Energy as a key player in India's energy storage sector development. Hydro pumped storage projects are increasingly recognized as essential infrastructure for supporting renewable energy grid integration and ensuring power system reliability.

Adani Green Energy Limited has received a new credit rating from Japan Credit Rating Agency, Ltd, marking the company's entry into the Japanese credit rating landscape. The renewable energy company disclosed this development to stock exchanges on January 29, 2026, in compliance with regulatory requirements.

Credit Rating Details

The Japanese rating agency has assigned comprehensive credit metrics to Adani Green Energy Limited, reflecting its assessment of the company's creditworthiness in the renewable energy sector.

Regulatory Compliance

The rating disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. Company Secretary Pragnesh Darji signed the regulatory filing, ensuring compliance with stock exchange notification requirements.

The communication was addressed to both BSE Limited and The National Stock Exchange of India Limited, where Adani Green Energy Limited shares are traded under scrip codes 541450 and ADANIGREEN respectively.

Significance for Renewable Energy Sector

This BBB+ rating with stable outlook represents the first credit assessment from Japan Credit Rating Agency for Adani Green Energy Limited. The stable outlook indicates the rating agency's expectation of consistent credit quality over the rating horizon, providing market participants with an additional perspective on the company's credit profile in the renewable energy space.