| Total Renewable Capacity | 19,735.8 MWOperational Milestone |
|---|---|
| Market Cap | ₹2,23,324 CrLarge Cap |
| Net Profit Growth | 72.61%YoY Quarterly |
| RSI (Day) | 82.21Overbought Zone |
Key highlights
- Commissioned a 150 MW solar power plant at the Khavda renewable energy park in Gujarat
- Total operational renewable generation capacity now reaches 19,735.8 MW
- Company achieved a total operational Battery Energy Storage System capacity of 1,376 MWh
- Quarterly net profit growth surged by 72.61% YoY to 397 crore
- Maintained a high operating profit margin of 82.3% in the latest reported quarter
Production Commenced — What It Means
Adani Green Energy Ltd (AGEL), through its stepdown subsidiary Adani Green Energy Twenty Five C Limited, has successfully operationalized a 150 MW solar power project at the Khavda renewable energy park in Gujarat. Following the receipt of necessary regulatory clearances, the company made the formal decision at 7:40 p.m. on May 10, 2026, to commence power generation immediately.
This milestone contributes to the significant scaling of India’s clean energy infrastructure within one of the country's most resource-rich regions. The project reinforces the group's strategy of rapid deployment in high-yield renewable zones to meet the growing national demand for sustainable power.
Path to This Milestone
- The Khavda renewable energy park is a central component of the Adani Group's long-term goal to reach 45 GW capacity by 2030
- This 150 MW deployment follows a series of synchronized infrastructure developments in the Gujarat region
- Total operational renewable generation capacity for the company has now scaled to 19,735.8 MW
- Operational Battery Energy Storage System (BESS) capacity has reached 1,376 MWh to support grid stability
Financial Context
AGEL maintains a robust financial profile, currently classified as an Expensive Star with a Durability Score of 60. The company reported a significant 72.61% year-on-year growth in quarterly net profit, reaching 397 crore, supported by an impressive operating profit margin of 82.3%. With a market capitalization exceeding 2.23 lakh crore, the stock has experienced a momentum shift, climbing 46.52% over the last month.
While valuation remains premium with a TTM PE of 135.18, the company’s aggressive capacity addition at Khavda continues to support its core operational revenue, which stood at 3,502 crore for the latest quarter.
Sector Tailwinds
The Indian utilities and green energy sector is undergoing a structural transformation driven by national targets to achieve 500 GW of non-fossil fuel capacity by 2030. AGEL’s expansion at Khavda directly aligns with this policy framework, providing essential baseload and peaking power to the national grid. Market dynamics are further bolstered by the decreasing costs of solar hardware and improvements in Battery Energy Storage Systems.
As industrial demand for sustainable power rises, companies with integrated generation and storage capabilities are positioned to capture a larger share of the evolving clean energy market in India.
| Share price | ₹1355.8 |
|---|---|
| Market capitalisation | ₹2.23L Cr |
| Revenue (annual) | ₹12,928.00 Cr |
| Net profit (annual) | ₹1,652.00 Cr |
| Revenue (latest quarter) | ₹3,502.00 Cr+33.77% vs previous quarter |
| Net profit (latest quarter) | ₹397.00 Cr+1068.29% vs previous quarter |
| P/E (TTM) | 135.18×Sector 25.27× |
| Promoter holding | 62.43%0.00% QoQ |
| FII holding | 11.1%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Adani Green Energy Ltd announcing the operationalisation of a 150 MW solar project at Khavda, Gujarat. Market figures from a third-party data provider.
