By Team Homes | Tuesday, 05 March 2024

Adani Green Energy executes 1,000-MW solar power projects in Gujarat

Headquartered in Ahmadabad, & owned by Indian conglomerate Adani group, Adani Green Energy, a prominent leader in renewable energy sector has announced that two of the company’s wholly-owned subsidiaries have functionalized an incremental 448.95 MW solar power projects at Khavda in Gujarat.

The two wholly-owned subsidiaries are namely - Adani Green Energy Twenty Four A Ltd & Adani Green Energy Twenty Four B Ltd. As per the report from the company from a stock exchange filing, the company’s stock exchange has an aggregate of 1,000 MW of solar projects which are functionalized at Khavda. 

 

On this regard, the company stated, "With operationalisation of these plants, Adani Green's total operational renewable generation capacity has increased to 9,478 MW, in its journey of 45 GW capacity for solar projects by 2030”.

The shares of Adani Green were trading 0.75 percent higher at 1, 955.25 each at the time of 12.25 PM on March 5. The stock of Adani Green has increased 17.08 percent in the last month, 103. 15 percent in the last six months & 231. 36 percent in the last year.

AGEL – Adani Green Energy Limited is a largest renewable energy company in India which plays a pivotal role in permitting the transition of clean energy. The firm develops, possesses and functions the utility based solar, wind & hybrid renewable plants for power generation.