Adani Green Energy Boosts Renewable Power Portfolio to 11,666 MW with the Addition of its Latest Gujarat Wind Project

Adani Green Energy Limited (AGEL) is India’s largest renewable energy firm, with a total renewable energy capacity of 11,666.1 MW. This was achieved with the commissioning of a 57.2 MW wind power plant in Khavda, Gujarat, its subsidiary Adani Renewable Energy Forty Eight Ltd. This plant is part of a larger wind-solar hybrid initiative. The company’s financials have also seen significant growth, with a 38.8% increase in net profit to ₹515 crore in Q2 FY25 compared to ₹371 crore in Q2 FY24. Revenue rose 27.6% to ₹3,055 crore, while operating profit or EBITDA increased 24.8% to ₹2,272 crore. The company’s capacity utilization factor (CUF) for its solar portfolio was 23.9% with 99.4% plant availability, while the wind portfolio achieved a CUF of 35.7% with 95% availability. The hybrid portfolio, which combines solar and wind power, had a CUF of 42.9% driven by 99.6% plant availability. The company’s leadership principles prioritize innovation and commitment to sustainability in India’s growing renewable energy transition.