Adani Green’s energy sales up 39 pc in April-Sep, revenue surges 26 pc at Rs 6,088 crore

Adani Green’s energy sales up 39 pc in April-Sep, revenue surges 26 pc at Rs 6,088 crore

Adani Green Energy Ltd (AGEL) on Tuesday reported 26 per cent revenue growth (year-on-year) at Rs 6,088 crore in the first half this fiscal (H1 FY26), as energy sales surged 39 per cent to 19,569 million units. For the half fiscal year ended September 30, the operational capacity stood at 16.7 GW, which continues to be the largest in India. EBITDA grew 25 per cent (on-year) at Rs 5,651 crore in H1 FY26, exceeding the annual EBITDA for FY23.

"Having already added 2.4 GW RE capacity in H1 FY26, we're on a firm path to 5 GW capacity addition in FY26 and reaching our targeted capacity of 50 GW by 2030. With relentless efforts by our team, we are making steady progress in our largest ongoing development of the 30 GW RE plant at Khavda in Gujarat," said Ashish Khanna, CEO of Adani Green Energy. The company produced 19.6 billion units of clean power—enough to supply a country like Croatia for an entire year.

"We’re consistently adopting innovative renewable technologies and digitalising ever more aspects of our business to boost operational efficiency, project execution and safety. The ongoing recognition of our ESG initiatives reinforces our dedication to sustainable growth and commitment to lead India’s energy transition," Khanna noted.

The Adani Group company has consistently expanded its greenfield capacities backed by advanced resource planning, engineering, and supply chain management, with project management, execution and assurance from its partner, Adani Infra India Ltd (AIIL). Operational capacity expanded by a robust 49 per cent YoY to 16.7 GW, putting it on track to achieve the 50 GW target.

Read More SILAII Rewards Four Long-Serving Employees With Cars in Chennai Ceremony

AGEL added 2,437 MW greenfield capacity in H1 FY26, which is 74 per cent of the capacity addition in the entire FY25. The greenfield additions over the last one year were 5,496 MW, which included 4,200 MW of solar capacity (2,900 MW in Khavda, Gujarat, 1,050 MW in Rajasthan and 250 MW in Andhra Pradesh); 491 MW wind capacity in Khavda and 805 MW of solar-wind hybrid capacity in Khavda. AGEL is steadily progressing in the development of the massive 30 GW renewable energy plant at Khavda in Gujarat. This is spread over an area of 538 sq km, almost five times the city of Paris.

Read More GrowthCap Ventures Invests in LogiXair to Advance Autonomous Cargo Aircraft

IANS

Read More ZebPay Celebrates 12 Years ZebPay Marks 12 Years in India, Expands Bitcoin Education and Crypto Investment Services

Tags:

About The Author

Aryan Age Picture

Welcome to Aryan Age, an English newspaper that has been serving readers since 2011 from Delhi. With a loyal circulation of over 19,000, we are dedicated to providing our readers with the latest news and information, as well as insightful analysis and commentary that help them navigate the complex and rapidly changing world.

Post Comment

Comment List

Latest News

Russia’s ‘Made in Russia’ Export Forum to Spotlight High-Tech Ties with India Russia’s ‘Made in Russia’ Export Forum to Spotlight High-Tech Ties with India
Russia’s ‘Made in Russia’ Export Forum will spotlight high-tech solutions and global partnerships on November 16 in Moscow, as the...
PM Modi to Flag Off Barauni-Bhuj Amrit Bharat Express on October 30
Guwahati Railway Station Gets Mall-Like Upgrade with ₹2.27 Crore Terminal Project

Live Cricket Score

Advertisement

Science & Tech

NASA’s JPL Marks 90 Years as New Mars, Moon and Sun Missions Take Shape NASA’s JPL Marks 90 Years as New Mars, Moon and Sun Missions Take Shape
NASA’s Jet Propulsion Laboratory marks 90 years of space exploration, from Explorer 1 and Ranger 7 to planned Mars helicopter...
iPhone Duo Launch: Apple Warns of Limited Walk-In Stock Amid Surging Demand

Health

Living With Diabetes: How Blood Sugar Fluctuations Can Affect Mental Health Living With Diabetes: How Blood Sugar Fluctuations Can Affect Mental Health
Living with diabetes can take an emotional toll beyond blood sugar management. Discover how glucose fluctuations, anxiety and sleep problems...
Four Vaccines May Help Protect Heart Health, Research Suggests

Lifestyle

 Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards Food Pharmer Sparks Nationwide Debate Over Cheeslings Ingredients, Raises Questions on Food Safety Standards
Food influencer Revant Himatsingka, known as Food Pharmer, has sparked nationwide debate after revealing Cheeslings’ low cheese content and high...
From Gym Floor to City Streets: The Unexpected Revival of the Lopifit Treadmill-Bike
crossorigin="anonymous">