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Adani Green Energy Boosts Operational Capacity with 276 MW Power Projects 1 day ago

Adani Green Energy Ltd. (AGEL) has operationalized 275.6 MW of new power projects in Gujarat and Rajasthan, increasing its total operational renewable generation capacity to 15,815.5 MW. This expansion reinforces AGEL's significant market position, now accounting for over 15% of India's utility-scale solar installations and 12% of the country's total utility solar and wind capacity. The move aligns with India's renewable energy goals and contributes to the nation's transition towards cleaner energy sources.

Adani Green Energy Surpasses 15,000 MW Operational Renewable Energy Capacity 1 day ago

SEC Awaits Summons Service on Adani Executives in Adani Green Energy Case 4 days ago

Adani Green Energy: Promoter Converts Warrants Worth Rs 235 Crore to Equity Jun 20, 2025

Adani Green Energy Expands Hydro Portfolio with New Subsidiary Jun 03, 2025

More news about Adani Green Energy

22May 25

Adani Green Energy: Promoter Boosts Stake with Rs 608 Crore Warrant Conversion

Adani Green Energy's promoter, Ardour Investment Holding, has converted 54.7 lakh warrants into equity shares at Rs 1,480.75 each, injecting Rs 607.70 crore into the company. This conversion has slightly increased the promoter group's shareholding from 61.60% to 61.73%. The move demonstrates the promoter's confidence in the company's future prospects and provides additional capital for potential growth initiatives in the renewable energy sector.

21May 25

Adani Green Energy Expands Renewable Capacity to 14,528 MW, Affirms 'IND AA-' Credit Rating

Adani Green Energy's subsidiary has operationalized a 187.5 MW solar power project in Khavda, Gujarat, increasing the company's total operational renewable generation capacity to 14,528.4 MW. India Ratings has affirmed Adani Green's credit rating at 'IND AA-' with a stable outlook, citing strong project execution and successful refinancing of Rs 8,900 crore.

20May 25

Adani Green Energy Boosts Promoter Stake with Rs 209 Crore Warrant Conversion

Adani Green Energy's promoter, Ardour Investment Holding Ltd., converted 18.85 lakh warrants into equity shares at Rs 1,480.75 per share, valued at approximately Rs 209 crore. This increased the promoter group's stake from 61.56% to 61.6%. 3.55 crore warrants remain available for conversion until July 2025. The move provides additional capital to the company and may signal confidence in its future prospects.

14May 25

Adani Green Energy Expands Solar Capacity with 50 MW Project in Gujarat

Adani Green Energy's subsidiary has operationalized a 50 MW solar power project in Khavda, Gujarat, enhancing the company's renewable energy portfolio. The strategically located project in a high solar irradiation area is expected to contribute significantly to optimal energy generation. This development aligns with India's clean energy transition goals and demonstrates Adani Green Energy's commitment to expanding its renewable footprint.

09May 25

Adani Green Energy: Promoter Converts Warrants Worth Rs 598 Crore to Equity

Adani Green Energy's promoter, Ardour Investment Holding, has converted 53.9 lakh warrants into equity shares at Rs 1,480.75 per share, totaling Rs 598.00 crore. This conversion has increased the promoter group's shareholding from 61.16% to 61.29%. The move signifies a capital infusion and potentially increased investor confidence in the company's future prospects.

07May 25

Adani Green Energy Boosts Promoter Stake, Reports 30% Growth in Renewable Capacity

Adani Green Energy Ltd (AGEL) has allotted 37.98 lakh equity shares to promoter group entity Ardour, following warrant conversion. The company also reported a 30% year-on-year increase in operational renewable energy capacity, reaching 14.20 gigawatts for FY2025.

06May 25

Adani Green Energy's Credit Rating Affirmed at 'AA-' with Stable Outlook

India Ratings and Research has affirmed Adani Green Energy Limited's (AGEL) long-term credit rating at 'IND AA-' with a stable outlook, resolving the previous Rating Watch with Negative Implications. This affirmation indicates high safety for timely financial obligation servicing and very low credit risk. AGEL disclosed this development to stock exchanges on May 05, 2023, potentially boosting investor confidence and improving the company's financial perception.

05May 25

Adani Green Energy's Credit Rating Affirmed at IND AA- with Stable Outlook

India Ratings and Research has affirmed Adani Green Energy Limited's long-term credit rating at IND AA- with a stable outlook, resolving the previously placed Rating Watch with Negative Implications. This affirmation reflects AGEL's strong financial position and stability in the renewable energy market. The company officially informed stock exchanges about this development through a LODR filing dated May 05, 2023.

05May 25

Adani Green Energy Reaffirms No Allegations in US DoJ Case

Adani Green Energy (AGEL) has issued a clarification to the Bombay Stock Exchange, stating that there are no allegations against the company in the US Department of Justice's indictment. The company emphasized it is not a party to any ongoing proceedings related to recent rumors and plans to pursue legal action against accusations. This statement follows reports of Adani representatives meeting Trump administration officials and reiterates a previous disclosure made on November 21, 2024.

05May 25

Adani Green Energy Secures 400 MW Solar Power Deal with UPPCL

Adani Green Energy has signed a Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for 400 MW of solar power. The project will be developed in Rajasthan, expanding Adani's renewable energy portfolio and contributing to India's clean energy goals. This deal enhances UPPCL's renewable capacity and supports Uttar Pradesh's sustainable energy mix.

03May 25

Adani Green Energy Secures 400 MW Solar Power Deal with UPPCL, Reports Strong Q4 Performance

Adani Green Energy Limited (AGEL) has signed a Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for a 400 MW solar power project to be developed in Rajasthan. The project will be executed by Adani Green Energy Sixty Nine Limited, a wholly-owned subsidiary of AGEL. This agreement expands AGEL's renewable energy portfolio and strengthens its position in India's green energy market. Additionally, AGEL reported strong financial results for Q4 and FY25, with Q4 EBITDA up 35% to Rs 2,453.00 crore and operational renewable capacity growing 30% to 14.20 GW in FY25.

02May 25

SEBI Alleges Insider Trading in Adani Green Energy Acquisition; Company Announces Investor Interactions

SEBI has accused Pranav Adani of leaking insider information about Adani Green's acquisition of SB Energy Holdings, resulting in alleged illicit gains of 9 crore rupees. Pranav Adani is seeking to settle without admitting guilt. Meanwhile, Adani Green Energy has announced a series of investor interactions across global financial hubs from May to June 2025, demonstrating commitment to transparency amidst the controversy.

30Apr 25

Adani Green Energy Reports Strong Q4 FY25 Growth; Shareholders to Vote on Material Related Party Transaction

Adani Green Energy Ltd (AGEL) reported robust Q4 FY25 results with 31% YoY revenue growth to ₹27 billion and 25% profit growth to ₹3.9 billion. Full-year FY25 revenue increased by 23% to ₹99 billion. AGEL announced an EGM on May 23, 2025, seeking approval for a ₹10,866 crore related party transaction with subsidiary ARE56L for solar power projects in Gujarat.

30Apr 25

Adani Green Energy Targets 5 GW Operational Growth and Rs. 31,000 Crore Capex for FY26

Adani Green Energy Limited (AGEL) plans to bring 5 GW of operational projects online in FY2026, with a projected capex of Rs. 31,000 crore. The company's subsidiary, ARE56L, is developing solar projects up to 1,150 MW in Khavda, Gujarat. AGEL may provide a Rs. 5,000 crore corporate guarantee for ARE56L's financing. The company is seeking shareholder approval for material related party transactions worth up to Rs. 10,866 crore with ARE56L, including sale of goods, services, and corporate guarantee issuance. An EGM is scheduled for May 23, 2025, to approve these transactions.

30Apr 25

Adani Green Energy Unveils Ambitious $3.64 Billion Expansion Plan for FY26, Promoters Inject Rs 500 Crore via Warrant Conversion

Adani Green Energy Limited (AGEL) has announced plans to invest Rs 30,000 crore (approx. $3.64 billion) in FY26 to add 5 GW of clean energy capacity, a 50% increase from the previous year. The company added 3.3 GW capacity in FY25 and reported a 35% YoY increase in Q4 Ebitda to Rs 2,453 crore. AGEL's subsidiary is developing solar projects up to 1,150 MW in Gujarat. The promoter entity converted warrants worth Rs 500 crore into equity at a 60.7% premium, increasing its stake to 61.04%. AGEL is also providing a corporate guarantee for up to Rs 5,000 crore to support its expansion plans.

28Apr 25

Adani Green Energy Reports Strong FY25 Results with 23% Revenue Growth

Adani Green Energy Limited (AGEL) reported robust financial results for FY25, with revenue from power supply increasing 23% to Rs. 9,495.00 crores. EBITDA grew 22% to Rs. 8,818.00 crores, maintaining a 91.70% margin. Operational renewable energy capacity expanded 30% to 14.20 GW, with energy sales up 28%. AGEL added 3.30 GW of greenfield capacity, the highest by any Indian renewable energy company. The company is progressing on its 30 GW Khavda project and refinanced a USD 1.06 billion facility. AGEL achieved water positivity across its portfolio and retained top ESG rankings in the renewable energy sector.

28Apr 25

Adani Green Energy Reports Strong FY25 Results, Surpasses $1 Billion EBITDA with Q4 Profit Surge

Adani Green Energy Ltd (AGEL) reported robust financial results for FY25, with revenue from power supply increasing by 23% to ₹9,495.00 crores. EBITDA grew by 22% to ₹8,818.00 crores, and cash profit rose by 22% to ₹4,871.00 crores. The company's operational renewable energy capacity expanded by 30% YoY to 14.20 GW, with energy sales increasing by 28%. AGEL added 3.30 GW of greenfield capacity in FY25, the highest ever by any renewable energy company in India. The company is making significant progress on its Khavda project, aiming to develop the world's largest renewable energy plant with a target capacity of 30 GW by 2029. AGEL also achieved water positivity across its entire operational portfolio ahead of its FY26 target.

26Apr 25

Adani Green Energy Sets Date for Q4 and FY25 Results, Announces Earnings Calls

Adani Green Energy has announced important dates for its financial disclosures. The company will release Q4 and FY25 results on April 28, 2025, followed by two earnings calls on April 29, 2025. A trading window closure for designated persons is in effect until 48 hours after the results release.

24Apr 25

Adani Green Energy Secures 1,250 MW Power Purchase Agreement with UP Power Corporation

Adani Green Energy's subsidiary signed a 1,250 MW Power Purchase Agreement with Uttar Pradesh Power Corporation Limited for pumped hydro storage projects on April 23, 2025. The company also scheduled its Q4 results meeting for April 28, 2025.

24Apr 25

Adani Green Energy Subsidiary Inks 1,250 MW Energy Storage Deal with UPPCL

Adani Hydro Energy Five Limited, a subsidiary of Adani Green Energy Ltd (AGEL), has signed a power purchase agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity using pumped hydro storage projects. The agreement, signed on April 23, 2023, follows AGEL's recent 400 MW solar power contract in Uttar Pradesh and ongoing solar park developments in Rajasthan. This significant deal aims to enhance grid stability and support the integration of renewable energy sources in India's most populous state.

23Apr 25

Adani Green Energy Subsidiary Secures 1,250 MW Energy Storage Deal with UPPCL

Adani Green Energy's subsidiary, Adani Hydro Energy Five Limited, has signed a Power Purchase Agreement with Uttar Pradesh Power Corporation Limited for 1,250 MW energy storage capacity from Pumped Hydro Storage Projects. The agreement was executed on April 23, 2025, following a recent 400 MW solar power contract in Uttar Pradesh, strengthening Adani's position in the state's renewable energy sector.

18Apr 25

Adani Green Energy Expands Renewable Capacity with 48 MW Wind Project in Gujarat

Adani Green Energy Limited (AGEL) has operationalized a new 48 MW wind power project in Khavda, Gujarat, through its subsidiary Adani Green Energy Twenty Four Limited. The project, set to commence operations from April 18, 2025, increases AGEL's total operational renewable energy capacity to 14,290.90 MW. This expansion aligns with the company's strategy to grow its green energy footprint and contributes to India's clean energy goals.

15Apr 25

Adani Green Energy Reports Robust 30% Capacity Growth in FY25

Adani Green Energy Limited (AGEL) achieved significant growth in FY25, with operational capacity increasing by 30% year-over-year to 14.24 GW. Energy sales rose by 28% to 27,969 million units. The company's portfolio includes 10,103 MW of solar, 2,000 MW of wind, and 2,140 MW of hybrid capacity. AGEL demonstrated strong performance metrics across its portfolio, with high Capacity Utilization Factors and plant availability. The Khavda project in Gujarat showed exceptional performance with a solar CUF of 32.40% in Q4 FY25. AGEL aims to reach 15.20 GW of operational capacity in the near term and maintains its target of 50 GW by 2030. The company has also received recognition for its ESG leadership.

09Apr 25

GQG Partners Boosts Stake in Adani Green Energy, Signaling Confidence in Renewable Sector

GQG Partners Emerging Markets Equity Fund has increased its stake in Adani Green Energy by 0.27% during the fourth quarter. This move indicates growing investor confidence in India's renewable energy sector and Adani Green Energy's prospects. The increased stake could boost investor confidence, reflect positively on the company's performance, and potentially attract more institutional investors.

01Apr 25

Adani Green Energy Boosts Renewable Capacity with New 25 MW Solar Plant in Gujarat

Adani Green Energy Limited (AGEL) has commissioned a 25 MW solar power plant in Khavda, Gujarat, through its subsidiary Adani Renewable Energy Fifty Seven Limited. This addition increases AGEL's total operational renewable generation capacity to 14,242.90 MW. The plant was operationalized on April 1, 2025, following a decision made on March 31, 2025. This expansion aligns with AGEL's strategy for growth in the renewable energy sector and contributes to India's green energy goals.

30Mar 25

Adani Green Energy Boosts Operational Capacity with 480.1 MW Project Launch in Gujarat

Adani Green Energy Limited (AGEL) has operationalized 480.1 MW of renewable power projects in Khavda, Gujarat, increasing its total operational capacity to 14,217.9 MW. The new projects, starting power generation from March 30, 2025, include both solar and wind installations across various subsidiaries. Macquarie has initiated coverage on AGEL with an 'outperform' rating and a price target of ₹1,200.00, suggesting a 40% upside potential.

29Mar 25

Adani Green Energy Expands Solar Capacity with New Projects in Gujarat and Uttar Pradesh

Adani Green Energy Limited (AGEL) has operationalized a 37.50 MW solar project in Khavda, Gujarat, increasing its total operational renewable capacity to 13,737.80 MW. This follows the commissioning of a 212.50 MW project at the same location a day earlier. Additionally, AGEL's subsidiary secured a 400 MW solar power supply project from Uttar Pradesh Power Corporation Limited with a 25-year agreement at ₹2.57 per kWh.

28Mar 25

Adani Green Energy: Subsidiary Wins 400 MW Solar Project, Commissions 396.7 MW in Gujarat

Adani Green Energy Limited (AGEL) has been awarded a 400 MW solar power supply contract by Uttar Pradesh Power Corporation Limited, to be developed in Rajasthan. The company has also commissioned 396.7 MW of renewable projects in Khavda, Gujarat, including solar and wind installations. These developments have increased AGEL's total operational renewable generation capacity to 13,487.80 MW.

28Mar 25

Adani Green Energy Boosts Renewable Capacity with 396.7 MW Projects in Gujarat

Adani Green Energy Limited (AGEL) has operationalized 396.7 MW of renewable energy projects in Khavda, Gujarat. The expansion includes 287.5 MW of solar and 109.2 MW of wind capacity across three subsidiaries. This addition brings AGEL's total operational renewable generation capacity to 13,487.80 MW. The projects commenced power generation on March 28, 2025, marking a significant step in the company's clean energy expansion strategy.

27Mar 25

Adani Green Energy Boosts Operational Capacity with 396.7 MW Addition in Gujarat

Adani Green Energy has commissioned 396.7 MW of power projects in Khavda, Gujarat, increasing its total operational renewable generation capacity to 13,487.8 MW. This expansion strengthens the company's market position in India's renewable energy sector and aligns with the country's clean energy goals. The strategic location in Gujarat offers favorable conditions for renewable energy generation.

24Mar 25

Adani Green Energy Boosts Renewable Capacity with 250 MW Solar Project in Rajasthan

Adani Green Energy Limited (AGEL) has commissioned a 250 MW solar power project through its subsidiary, Adani Green Energy Twenty Five, at its Rajasthan plant. This addition increases AGEL's total operational renewable generation capacity to 13,091.10 MW. The strategic location in Rajasthan leverages the state's high solar irradiation and available land. This expansion strengthens AGEL's market position, diversifies its renewable energy portfolio, and contributes to India's clean energy goals.

21Mar 25

Adani Green Energy Boosts Renewable Capacity with 250 MW Solar Project in Rajasthan

Adani Green Energy Limited (AGEL) has commissioned a new 250 MW solar power project in Rajasthan through its subsidiary. This addition increases AGEL's total operational renewable generation capacity to 13,091.10 MW and helps the company reach a cumulative commissioned capacity of 1,000 MW in Rajasthan for the current financial year. The project, located at Badi Sid & Kalyan Ki Sid, was commissioned on March 23, 2025, following a decision made on March 21, 2025.

20Mar 25

Adani Green Energy Expands Renewable Portfolio with 250 MW Solar Project in Rajasthan

Adani Green Energy Limited (AGEL) has commissioned a 250 MW solar power project in Bhimsar, Rajasthan, through its subsidiary. The project, set to begin operations on March 21, 2025, increases AGEL's total operational renewable generation capacity to 12,841.10 MW. This strategic expansion in a high solar irradiation area strengthens AGEL's market position and contributes to India's clean energy goals.

19Mar 25

Adani Green Energy Exits Sri Lankan Wind Projects Amid Legal Challenges

Adani Green Energy has decided to withdraw from wind power projects in Sri Lanka following legal challenges and ongoing negotiations with the Sri Lankan government. Five fundamental rights petitions against the projects have been withdrawn. The Sri Lankan government is now seeking to renegotiate power purchase agreements for lower unit prices. This move marks a significant shift in Adani Green Energy's international expansion strategy and highlights the complexities of renewable energy development in emerging markets.

12Mar 25

Adani Green Energy Boosts Renewable Capacity with 250 MW Solar Project in Andhra Pradesh

Adani Green Energy Ltd's subsidiary has commissioned a 250 MW solar power project in Kadapa, Andhra Pradesh. This addition increases the company's total operational renewable generation capacity to 12,591.1 MW. The strategic location in Andhra Pradesh, known for favorable solar irradiation, aligns with AGEL's commitment to expanding its renewable energy portfolio across India. This development strengthens Adani Green Energy's position as a leading renewable energy company in India and contributes to the country's clean energy goals.

11Mar 25

Adani Green Energy Expands Renewable Capacity with 250 MW Solar Project in Andhra Pradesh

Adani Green Energy Limited's subsidiary has commissioned a 250 MW solar power project in Kadapa, Andhra Pradesh on March 8, 2025. This addition increases AGEL's total operational renewable generation capacity to 12,591.1 MW. The company informed stock exchanges of this development in compliance with SEBI regulations.

11Mar 25

Adani Green Energy Faces Rate Renegotiation Pressure from Sri Lanka

Adani Green Energy Ltd is encountering a significant international business challenge as Sri Lanka insists on renegotiating previously agreed rates. This situation could impact Adani Green's operations, profitability, and project timelines in Sri Lanka. The outcome may affect investor sentiment and have broader implications for Indo-Sri Lankan business relations. The company now faces the task of finding a mutually beneficial solution with Sri Lankan authorities.

10Mar 25

Adani Group Maintains Funding Access Despite US Indictment, Says Fitch

Fitch Ratings has stated that the Adani Group maintains adequate access to funding, despite ongoing legal challenges faced by board members of Adani Green Energy. This assessment comes in the wake of a US indictment involving some board members, suggesting market confidence in the conglomerate remains relatively stable. The rating agency's statement indicates that the group's broader financial standing appears unaffected by the current legal turbulence.

03Mar 25

Adani Green Energy Bolsters Financial Position with $1.06 Billion Refinancing Deal

Adani Green Energy Ltd (AGEL) has successfully refinanced its $1.06 billion construction facility with a 19-year long-term financing structure. The new fully amortized debt aligns with the cash flow lifecycle of its asset portfolio. This refinancing, rated AA+/Stable by three domestic agencies, completes AGEL's capital management program for the underlying assets. AGEL, India's largest renewable energy company with a 12.2 GW portfolio, aims to achieve 50 GW capacity by 2030.

02Mar 25

Adani Green Energy Boosts Renewable Capacity with 83 MW Solar Project in Gujarat

Adani Green Energy Limited's subsidiary has operationalized an 83 MW solar power project in Khavda, Gujarat on March 1, 2025. This addition increases the company's total operational renewable generation capacity to 12,341.1 MW. The project, strategically located in Gujarat, a key hub for solar energy production, demonstrates AGEL's commitment to expanding its renewable energy portfolio and contributing to India's clean energy objectives.

28Feb 25

Adani Green Energy Expands Solar Capacity, Faces MSCI Index Exclusion

Adani Green Energy Limited (AGEL) has operationalized an additional 275 MW of solar power capacity in Khavda, Gujarat, increasing its total operational renewable generation capacity to 12,258.1 MW. This expansion comes as the company faces exclusion from the MSCI India Standard Index, potentially leading to an outflow of $167 million. AGEL is also contesting a tax demand of ₹3.59 crores for alleged excess input tax credit availed in FY 2020-21.

27Feb 25

Adani Green Energy Subsidiary Secures 1,250 MW Energy Storage Project, Executes Key Agreements

Adani Green Energy's subsidiary Saur Urja has been awarded a 1,250 MW energy storage project by UPPCL, with an annual fixed cost of 7.7 million rupees per MW. The company has also executed strategic agreements through its subsidiaries, involving equity investments and a power consumption agreement. A regulatory order alleging excess input tax credit availment of 2.05 crores for FY 2020-21 is being evaluated for contest.

26Feb 25

Adani Green Energy Expands Renewable Portfolio with Strategic Agreements and Major Contract Win

Adani Green Energy Limited (AGEL) has announced two significant developments. First, its subsidiaries signed a Share Subscription and Shareholders' Agreement involving Adani Renewable Energy Holding Nine Limited, Adani Renewables Energy Three Limited, and DC Development Noida Limited. This agreement aims to meet Minimum Captive Shareholding requirements. Second, AGEL's subsidiary, Adani Saur Urja (KA) Limited, secured a Letter of Award from Uttar Pradesh Power Corporation Limited for a 1,250 MW energy storage project from Pumped Hydro Storage Projects. The contract, valued at ₹76,53,226 per MW per annum, spans 40 years.

25Feb 25

Adani Green Energy's Subsidiary Secures Massive 1,250 MW Energy Storage Contract in Uttar Pradesh

Adani Green Energy Limited's subsidiary, Adani Saur Urja (KA) Limited, has been awarded a 1,250 MW energy storage contract by Uttar Pradesh Power Corporation Limited. The contract, valued at approximately Rs. 9,566.53 crore annually before taxes, is for Pumped Hydro Storage Projects with a 40-year duration. The annual fixed cost is set at Rs. 7.65 crore per MW per annum. This development follows AGEL's recent operationalization of a 67 MW solar power project in Gujarat, bringing its total operational renewable generation capacity to 11,983.1 MW.

25Feb 25

Adani Green Energy Boosts Operational Capacity with 67 MW Solar Plant in Gujarat

Adani Green Energy Limited (AGEL) has operationalized an additional 67 megawatts (MW) of solar power at its Khavda project site in Gujarat through its subsidiary, Adani Green Energy Twenty Six B Limited. This expansion increases AGEL's total operational renewable generation capacity to 11,983.1 MW. The project was decided on February 24, 2025, and commenced power generation on February 25, 2025, demonstrating efficient execution. This development aligns with AGEL's strategy to enhance its renewable energy footprint in India and supports the country's transition to cleaner energy sources.

24Feb 25

Adani Green Energy Boosts Operational Capacity with 67 MW Solar Project in Gujarat

Adani Green Energy Limited (AGEL) has operationalized a 67 MW solar power project in Khavda, Gujarat, increasing its total operational renewable generation capacity to 11,983.1 MW. The project, implemented through a wholly-owned subsidiary, began power generation on February 25, 2025. AGEL informed stock exchanges of this development in compliance with SEBI regulations.

24Feb 25

Adani Green Energy Expands Solar Portfolio with 250 MW Project in Gujarat

Adani Green Energy Ltd's subsidiary has successfully operationalized a 250 MW solar power project in Bhimsar and Dwada, Gujarat. This expansion significantly increases AGEL's operational renewable energy capacity, strengthens its position in India's renewable energy sector, and contributes to the country's clean energy goals. The project demonstrates AGEL's execution capabilities and commitment to growth in the renewable energy market.

21Feb 25

Adani Green Energy Poised for Growth as Andhra Pradesh Approves 4 GW Solar Project

The Andhra Pradesh government has approved the inclusion of 4.19 billion units from SECI's solar power project for FY2026, as part of a larger 4 GW solar energy purchase plan. This decision is expected to benefit Adani Green Energy Limited (AGEL), a key player in India's renewable energy market. The project aims to significantly increase the state's solar power capacity, aligning with India's broader renewable energy goals.