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| FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net worth | 19290.00 | 10713.00 | 9218.00 | 5880.00 | 1190.00 | 861.00 | 763.00 | 840.01 | 1341.41 | 1202.94 | 135.52 |
| Fixed assets | 102138.00 | 79914.00 | 62284.00 | 48336.00 | 28452.00 | 16429.00 | 12554.00 | 10388.35 | 9120.01 | 4341.14 | 2775.20 |
| Debt | 101153.00 | 79493.00 | 64484.00 | 54271.00 | 53612.00 | 25213.00 | 16085.00 | 12235.83 | 9864.15 | 4346.56 | 4128.86 |
View detailed balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 10135.00 | 8957.00 | 7713.00 | 7265.00 | 3127.00 | 1601.00 | 1965.00 | 1624.55 | 648.65 | 27.78 | -97.77 |
| Investing | -26227.00 | -19827.00 | -21060.00 | -3857.00 | -19348.00 | -9225.00 | -3743.00 | -2666.28 | -4428.23 | -1510.34 | -4197.04 |
| Financing | 15615.00 | 11475.00 | 13953.00 | -2973.00 | 15986.00 | 7083.00 | 2161.00 | 1045.21 | 3942.02 | 1559.09 | 4304.31 |
It develops, owns and operates utility-scale solar, wind and hybrid power plants, and is building energy storage capacity via hydro PSP and batteries.
As of March 31, 2025, AGEL had 14,243 MW of operational renewable capacity across 12 Indian states.
AGEL earns primarily from power supply (9,495 crore in FY 2024–25) and also from the sale of solar equipment and related services (1,552 crore).
Vneet S. Jaain is Managing Director; Ashish Khanna is Chief Executive Officer from April 1, 2025; and Saurabh Nikhil Shah is CFO from October 1, 2024.
AGEL aims to reach 50 GW of renewable capacity by 2030.
Key developments include a 5 GW, 25-year PPA with MSEDCL, a 61 MW C&I deal with Google, a USD 444 million JV with TotalEnergies, bond redemption of USD 750 million, and refinancing of USD 1.06 billion with 19-year tenor.
