Adani Green Energy Expands Renewable Capacity to 11,666 MW with New Gujarat Project

A Major Milestone in India's Renewable Energy Sector

Adani Green Energy Ltd (AGEL), India's largest renewable energy company, has achieved a significant milestone by expanding its operational renewable generation capacity to 11,666.1 MW. This achievement comes with the commissioning of a 57.2 MW wind power component at Khavda, Gujarat, as part of its ambitious wind-solar hybrid initiative.

This new project was developed by Adani Renewable Energy Forty Eight Limited, a step-down subsidiary of AGEL. The decision to operationalize the plant was finalized on January 14, 2025, and power generation is set to begin on January 15.

A Step Towards Sustainable Energy

The wind-solar hybrid initiative showcases Adani Green Energy’s commitment to pushing boundaries in renewable energy production. With this new project, the company continues to strengthen its position as a leader in India’s green energy transition.

Key highlights of AGEL’s performance:

Solar Portfolio CUF (Capacity Utilization Factor): 23.9%, with 99.4% plant availability

Wind Portfolio CUF: 35.7%, with 95% plant availability

Hybrid Portfolio CUF: 42.9%, with 99.6% plant availability

Financial Performance and Growth

Adani Green Energy’s financial achievements have further solidified its standing in the industry:

• Net Profit Growth: 38.8% YoY increase to ₹515 crore in Q2 FY25
• Revenue Surge: 27.6% YoY growth to ₹3,055 crore
• EBITDA Growth: 24.8% YoY increase to ₹2,272 crore in Q2 FY25

Though the company’s EBITDA margin dropped slightly to 74.4% (from 82% in Q2 FY24), the numbers reflect strong growth and operational efficiency.

Driving India’s Renewable Energy Goals

The commissioning of the Khavda wind-solar hybrid project aligns with India’s renewable energy targets. AGEL continues to lead the charge by integrating innovation and scalability in its projects.

The shares of Adani Green Energy also witnessed a 13.22% surge on the BSE, closing at ₹1,007.55, highlighting investor confidence in the company’s vision and execution.

Looking Ahead

Adani Green Energy’s expansion is a testament to its dedication to sustainable energy and innovation. As renewable energy takes center stage in combating climate change, AGEL's efforts pave the way for a greener and more energy-secure future for India.

Reference from:- https://www.cnbctv18.com/market/stocks/adani-green-share-price-expands-renewable-capacity-new-gujarat-wind-project-19540003.htm