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

Introduction:

Adani Green Energy Ltd. (AGEL), India’s largest renewable electricity agency, has executed a main milestone in its expansion method, effectively commissioning its fifty seven.2 MW wind power plant in Khavda, Gujarat, on January 14, 2025. This development pushes AGEL’s total renewable electricity capability to an excellent eleven,666.1 MW, cementing its position as a leader in India’s renewable power sector.

The wind plant, developed by AGEL’s subsidiary Adani Renewable Energy Forty Eight Ltd., forms part of the company’s broader hybrid wind-solar initiative. The facility began power generation on January 15, 2025, after receiving all necessary clearances. This project is a key step in AGEL’s ambitious plan to contribute to India’s renewable energy goals,

supporting the country’s transition to a more sustainable energy future.

Strong Financial Performance Reflects AGEL’s Growth Trajectory

AGEL’s impressive renewable energy expansion is mirrored by its strong financial performance. The company reported a significant 38.8% increase in net profit for Q2 FY25, reaching ₹515 crore compared to ₹371 crore in the same quarter last year (Q2 FY24). Revenue also saw a notable rise, up 27.6% to ₹3,055 crore in Q2 FY25, from ₹2,220 crore in Q2 FY24.

Adani Green Energy Achieves 11,666 MW Renewable Capacity Milestone with New Gujarat Wind Project:

In terms of operational efficiency, AGEL’s EBITDA (earnings before interest, tax, depreciation, and amortization) increased by 24.8%, totaling ₹2,272 crore. However, the EBITDA margin saw a slight dip to 74.4% in Q2 FY25, compared to 82% in the previous year. Despite this, the company’s overall financial health reflects strong growth and a resilient business model.

Operational Highlights: Efficiency and Utilization Across Portfolios

AGEL’s operational efficiency remains a key highlight in its renewable energy portfolio. The solar segment recorded a capacity utilization factor (CUF) of 23.9%, with a plant availability of 99.4%. In the wind energy segment, AGEL achieved a CUF of 35.7%, with 95% availability. The hybrid wind-solar portfolio outperformed both with a CUF of 42.9% and an impressive plant availability rate of 99.6%.

These figures demonstrate AGEL’s commitment to maximizing the output of its renewable assets, further enhancing its competitive edge in the renewable energy sector.

Commitment to Innovation and Sustainability

AGEL’s leadership continues to drive innovation, aiming to meet the growing energy demands of India while prioritizing sustainability. The company’s extensive renewable energy projects, such as the Khavda wind plant,

not only contribute to India’s energy security but also align with the nation’s ambitious climate goals.

Conclusion:

Looking ahead, AGEL’s ongoing investments in wind, solar, and hybrid energy solutions are set to play a pivotal role in India’s renewable energy transition, strengthening the company’s position as a key player in the global clean energy market.

As AGEL expands its renewable capacity and continues its impressive financial growth, it reaffirms its leadership in the sector, with a clear focus on long-term sustainability and innovation.

Frequently Asked Questions FAQ:

  1. What is the recent milestone achieved by Adani Green Energy Ltd.?Adani Green Energy Ltd. (AGEL) has expanded its renewable energy capacity to 11,666.1 MW with the commissioning of a 57.2 MW wind power plant in Khavda, Gujarat, on January 14, 2025. This addition is part of AGEL’s broader wind-solar hybrid initiative.
  2. How does this new wind power plant contribute to AGEL’s portfolio?The new 57.2 MW wind power plant in Khavda is a significant step towards AGEL’s goal of increasing its renewable energy capacity. It forms part of a larger initiative to integrate wind and solar power, helping AGEL maintain its position as India’s largest renewable energy company.
  3. When did the Khavda wind plant begin generating power?The Khavda wind power plant began generating electricity on January 15, 2025, following its successful commissioning on January 14, 2025, after receiving all necessary clearances.
  4. What is the current financial performance of Adani Green Energy Ltd.?AGEL reported a 38.8% growth in net profit for Q2 FY25, reaching ₹515 crore compared to ₹371 crore in Q2 FY24. The company also saw a 27.6% increase in revenue, rising to ₹3,055 crore from ₹2,220 crore in the same quarter of the previous year.
  5. How does AGEL’s financial performance compare to previous periods?In addition to profit and revenue growth, AGEL’s operating profit (EBITDA) increased by 24.8%, reaching ₹2,272 crore. However, the EBITDA margin slightly decreased from 82% in Q2 FY24 to 74.4% in Q2 FY25, indicating some margin compression but still showcasing strong profitability.
  6. What are the key operational highlights for AGEL’s renewable energy portfolio?AGEL’s renewable energy portfolios show strong operational efficiency:
    • Solar Portfolio: 23.9% Capacity Utilization Factor (CUF) with 99.4% plant availability.
    • Wind Portfolio: 35.7% CUF with 95% availability.
    • Hybrid Portfolio: 42.9% CUF with 99.6% plant availability.
  7. What is the significance of the hybrid wind-solar portfolio’s performance?The hybrid portfolio, which combines wind and solar energy, achieved the highest CUF at 42.9%, reflecting the efficiency and effectiveness of integrating multiple renewable energy sources. With 99.6% plant availability, it underscores AGEL’s ability to maximize energy production and minimize downtime.
  8. How does AGEL contribute to India’s renewable energy transition?AGEL plays a vital role in India’s renewable energy transition by developing large-scale wind, solar, and hybrid power projects. These initiatives contribute to India’s goal of reducing reliance on fossil fuels and achieving sustainable energy growth, making AGEL a key player in the country’s efforts to meet its climate goals.
  9. What is AGEL’s long-term strategy in the renewable energy sector?AGEL’s long-term strategy focuses on continued innovation and expanding its renewable energy capacity. The company is committed to sustainability and leveraging cutting-edge technology to drive clean energy solutions, positioning itself as a global leader in the renewable energy market.
  10. How can AGEL’s growth impact India’s energy landscape?AGEL’s continued growth and focus on renewable energy projects will help India reduce its carbon footprint, enhance energy security, and create jobs. By expanding its renewable capacity, AGEL is helping India transition to a more sustainable, low-carbon energy system, ultimately benefiting both the economy and the environment.

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