Adani Green Energy Limited has surpassed 15,500 MW in operational capacity, becoming India’s first renewable company to achieve this milestone. With major contributions from its Khavda project, AGEL aims for 50 GW by 2030, supporting India’s clean energy transition.
On Monday, June 30, at 2:13 p.m. IST, the Nifty slipped below the 25,500 mark while the Sensex dropped 510 points, as investors appeared to trim positions amid concerns over stretched valuations. The share price of Adani Green Energy was trading at ₹1,024.40, up by 0.87% as the company achieved a milestone.
Adani Green Energy Limited (AGEL), India's largest renewable energy company, has announced a monumental achievement, surpassing 15,000 megawatts (MW) of operational capacity, reaching precisely 15,539.9 MW. This makes AGEL the first and only renewable energy company in India to achieve such a landmark, primarily through greenfield projects, marking the fastest and largest capacity addition in the nation's history. The company has brought over 5,000 MW on stream within just 15 months of delivering 10,000 MW.
AGEL's impressive operational portfolio comprises approximately 11,005.5 MW of solar capacity, 1,977.8 MW of wind capacity, and 2,556.6 MW of wind-solar hybrid capacity. This vast portfolio represents over 15% of India's utility-scale solar installations and approximately 12% of India's total utility solar and wind capacity. The company added a remarkable 3,309 MW in FY25, which is the highest renewable energy capacity addition by any player in India in a single year. This places AGEL among the top 10 global renewable energy independent power producers (IPPs).
A significant portion of this growth is attributed to the Khavda renewable energy plant in Kutch, Gujarat, which continues to be central to AGEL's capacity expansion. At Khavda, AGEL has commissioned a cumulative capacity of 5,355.9 MW. This site is being developed as the world's largest renewable energy plant, targeting a massive 30,000 MW capacity by 2029, covering an expansive 538 square kilometres—an area five times larger than Paris. Once completed, it is projected to be the planet's largest power plant across all energy sources.
AGEL's 15,539.9 MW operational portfolio is capable of powering approximately 7.9 million households and could light up thirteen individual Indian states, including the entire northeast region. This milestone coincides with AGEL completing 10 years of providing clean and affordable energy to India. The company has installed approximately 55 million solar modules and 1,177 wind turbines, creating around 3,700 green jobs. These efforts are equivalent to offsetting approximately 28.6 million tonnes of carbon emissions annually, which is comparable to the carbon sequestered by 1,364 million trees or taking 6.3 million cars off the road. A
GEL's entire operational portfolio is certified as water positive, single-use plastic free, and zero waste-to-landfill. The company has also been ranked 1st in the National Stock Exchange's (NSE) Environmental, Social and Governance (ESG) ratings for the power sector and in the FTSE Russell ESG score in the Alternative Electricity Subsector globally.
Key projects in AGEL's history include the world's largest single-location solar project of 648 MW at Kamuthi, Tamil Nadu, in FY16, and the world's largest single-location hybrid cluster of 2,140 MW at Jaisalmer, Rajasthan, in FY23. The ongoing development at Khavda, Gujarat, with a target of 30,000 MW, represents their next major milestone.
Adani Green Energy Ltd (AGEL) is India's largest and one of the world's leading renewable energy companies, spearheading the clean energy transition. The company specialises in developing, owning, and operating utility-scale grid-connected solar, wind, hybrid, and energy storage solutions. With an operating renewable portfolio of over 15.5 GW spread across 12 states, AGEL aims to achieve 50 GW by 2030, aligning with India's decarbonization goals. Their focus is on leveraging technology to reduce the Levelized Cost of Energy (LCOE) to enable widespread adoption of affordable clean energy.
Disclaimer: The article is for informational purposes only and not investment advice.
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