Adani Green Energy Limited, incorporated in 2015, is a holding company of several subsidiaries carrying business of renewable power generation within the group and is primarily involved in renewable power generation and other ancillary activities. The company is a part of the Adani Group, a leading Indian conglomerate with 9 publicly listed firms across sectors like energy & utility, transport & logistics, materials, metal & mining, etc.
The company has established itself as the largest renewable power producer in India and continues to expand its operations across multiple states. AGEL operates in 12 states across India and maintains a diversified portfolio of renewable energy projects including solar, wind, and hybrid installations.
Market Cap ₹ 1,61,740 Cr. The market cap of Adani Green Energy Ltd (ADANIGREEN) is ₹163852.74 Cr as of 3rd July 2025. The company's stock is listed on both NSE and BSE under the symbol ADANIGREEN (NSE: ADANIGREEN, BSE: 541450).
For the financial year 2025, the revenues of ADANI GREEN ENERGY stood at Rs 127,050 m in FY25, which was up 20.8% compared to Rs 105,210 m reported in FY24. The net profit of ADANI GREEN ENERGY stood at Rs 20,010 m in FY25, which was up 58.8% compared to Rs 12,600 m reported in FY24. Net profit for the year grew by 58.8% YoY. Net profit margins during the year grew from 13.7% in FY24 to 17.8% in FY25.
Adani Green Energy Ltd (AGEL), India's largest and fastest-growing pure-play renewable energy (RE) company, has announced financial results for the period ending 31 December 2024, showcasing significant growth and operational excellence. Key financial metrics for the nine months ending December 2024 include:
- EBITDA of Rs. 6,366 crores, up by 18% YoY
- Operational Capacity: Expanded by an impressive 37% YoY to 11,609 MW, with greenfield additions, including 2,113 MW of solar capacity and 312 MW wind capacity
- Strong revenue, EBITDA and Cash profit growth is primarily backed by robust greenfield capacity addition of 3.1 GW and consistent plant performance
Adani Green operationalizes 1,011.5 MW renewable projects, total capacity now 15,539.9 MW. With commissioning of these plants, AGEL's total operational renewable generation capacity has increased to 15,539.9 MW. This represents a significant milestone in the company's growth trajectory.
The company has made substantial progress in its flagship Khavda project in Gujarat. We are steadily developing the world's largest RE plant in Khavda, Gujarat as well as large-scale plants in Rajasthan and other sites, supported by well aligned transmission planning. These initiatives will enable significant capacity deployment in the last quarter of the current financial year and put us on a firm track to achieve 30 GW RE capacity in Khavda by 2029 setting a global benchmark for the speed of execution at such a large scale.
Our vision is to have a portfolio of 50 GW of RE capacity by 2030. We remain steadfast in our commitment to deliver affordable clean energy at an unprecedented scale and velocity and have set a higher target of 50GW by 2030, which will contribute towards India's non-fossil fuel capacity target of 500GW.
The company is also diversifying into energy storage solutions. Aligned with the country's need for accelerated integration of renewables into the grid, we are now focused on delivering energy storage in addition to solar, wind and hybrid projects. Our goal is to commission at least 5GW of hydro pumped storage projects by 2030.
BESS can be deployed relatively quickly and will be crucial in grid integration, supporting rapid renewable growth and complementing our existing solar, wind and hydro pumped storage projects. The company is actively incorporating Battery Energy Storage Systems (BESS) into its portfolio to enhance grid stability and support renewable energy integration.
Apart from having long term relationships with global solar module suppliers and a well-integrated supply chain within Adani portfolio, we have expanded our collaboration with more suppliers for ALMM compliant solar modules to boost solar capacity addition.
As of FY25, the promoter group owned about a 61% stake in the company. The company is led by experienced management including CEO Amit Singh and Executive Director Sagar Adani, who have been instrumental in driving the company's growth strategy.
AGEL's entire operational portfolio is certified as water positive. AGEL has been ranked 1st in the National Stock Exchange's (NSE) Environmental, Social and Governance (ESG) ratings for power sector and in FTSE Russell ESG score in the Alternative Electricity Subsector globally.
The company has demonstrated strong commitment to sustainability through various initiatives including waterless cleaning systems for solar modules and comprehensive environmental management practices across its operations.
Adani Green Energy Limited stands as a pivotal player in India's renewable energy transformation, with its strong financial performance, ambitious growth targets, and commitment to sustainable practices positioning it well for future opportunities in the rapidly expanding clean energy sector.
