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Adani Green Energy
Sagar Adani, Executive Director of Adani Group entity Adani Green Energy Ltd (AGEL), on Wednesday called for building robust domestic infrastructure to ensure energy security in a bid to withstand global shocks and disruptions, especially wars and conflicts. Addressing a session at Resilient Futures Summit organised by Economist Enterprise, the industrialist advocated for energy security and noted that countries should shift their priorities from how fast they can grow to how well they can withstand disruptions. "We've all seen how conflict in one region can disrupt supply chains across continents. We've all seen how shocks in energy markets can ripple through economies overnight," he said, noting that the question for every nation is no longer just how fast can you grow, it is: How well can you withstand disruption." Highlighting that energy is the foundational element, he said water security needs energy for desalination, treatment, and distribution, while food security needs ener
Adani Green Energy Ltd plans to invest about Rs 15,000 crore to add more than 10 gigawatt-hours (GWh) of battery energy storage capacity in the current financial year, as it pivots towards delivering reliable, dispatchable clean power amid India's accelerating energy transition. The proposed addition will be over and above the roughly 3 GWh of installed storage capacity the company expects to reach shortly, following the commissioning of 1.4 GWh during FY26, it said during its earnings call. The batteries are being developed alongside renewable generation at Khavda in Gujarat, where AGEL is building what it describes as the world's largest renewable energy park. The storage systems are aimed at supplying power during peak evening demand when solar output tapers, helping smooth load profiles and enable round-the-clock renewable energy. "We are in the process of very significantly ramping up our capacity addition for batteries which we expect to commission north of 10 GWh, in this ..
Norway's USD 1.2 trillion sovereign wealth fund, the world's largest, has decided to exclude Adani Green Energy Ltd (AGEL) from its portfolio due to concern about its alleged links to financial crime. Norges Bank, which had in May 2024 excluded Adani Ports and Special Economic Zone Ltd, on its website added AGEL to the list of companies that it has decided to exclude from its portfolio. It cited "gross corruption or other serious financial crime" as the criterion for its decision but gave no explanation. When Norges Bank first bought AGEL shares in July 2020, the share price was Rs 341. Today it is Rs 944. While AGEL did not immediately offer any comments, industry officials said a fossil fuel funded sovereign fund is trying to create a narrative against a renewable company. Norges Bank Investment Management, the entity managing the Norwegian sovereign wealth fund, had previously excluded Indian blue chip firms like Oil and Natural Gas Corporation (ONGC), Coal India, Bharat ...
Adani Green Energy (AGEL) on Wednesday said the company, through its various step-down subsidiaries, has operationalized an aggregate 307.4 MW power projects at Khavda, Gujarat, from January 1, 2026. With the commissioning of these plants, AGEL's total operational renewable generation capacity has increased to 17,237.2 MW, according to a regulatory filing. According to the filing based on relevant clearances, the company plans to operationalize these plants and commence power generation from January 1, 2026. Adani Hybrid Energy Jaisalmer Five Ltd operationalised the largest-capacity 126 MW hybrid project. Adani Green Energy Twenty Five C Ltd operationalised a 75MW solar project, while Adani Green Energy Twenty Six B Ltd synced 50 MW hybrid project. The other step-down arms, which operationalised renewable projects, are Adani Hybrid Energy Jaisalmer Five Ltd (31.2 MW of wind energy), Adani Green Energy Twenty Six B Ltd (25 MW of wind energy) and Adani Renewable Energy Forty One Ltd
Adani Green Energy Ltd (AGEL) on Monday said it has integrated the guidance of the Taskforce on Nature-related Financial Disclosures (TNFD) into its core sustainability strategy, reinforcing its shift toward nature-positive renewable energy development. The TNFD framework is a global, science-led initiative founded by the United Nations Environment Programme Finance Initiative, the United Nations Development Programme, the World Wildlife Fund and Global Canopy. It provides a structured framework for organisations to identify, assess, manage and disclose nature-related risks and opportunities. By aligning with the TNFD framework, AGEL strengthens its leadership among global renewable companies integrating biodiversity considerations into strategic decision-making, supporting both global conservation priorities and India's climate leadership. This strengthens AGEL's ambition to transition from traditional Environmental, Social, and Governance (ESG) compliance to a more integrated, ..