Shares of Adani Green Energy Ltd. rose by almost 2% to touch a day’s high of Rs 1,748.00 on 24 July, after the company proclaimed that its subsidiary Adani Renewable Energy Forty One Ltd. has operationalised a 250 MW wind power project in Khavda, Gujarat.

The 250 MW wind power project in Khavda received all necessary clearances. This development significantly boosts renewable energy infrastructure in the region. Total operational capacity at Khavda now reaches 2,250 MW.

Among the plant’s assets are the strongest land-based wind turbines globally, rated at 5.2 MW each. The advanced wind turbine technology used here is a testament to the company’s focus on innovation and sustainability. 

This project illustrates the company’s strategic approach towards increasing its renewable power generation capacity and emphasises an aim to exploit wind energy for a sustainable tomorrow.

Adani Green Energy’s operational capacity increased by 31% year-over-year, touching 10,934 MW. The energy sales grew 22% to 7,536 million units from 6,023 million units during the last year.

The solar portfolio had a Capacity Utilisation Factor (CUF) of 25.4% with 99.4% plant availability, whilst the wind portfolio had a CUF of 36.2% and plant availability of 96.8%, and the hybrid portfolio achieved a CUF of 46.0% with plant availability of 99.7%.

By 2030, Adani Group is planning to invest Rs 2 lakh crore for developing 40 GW of renewable energy capacity and they are also aiming to achieve net zero emissions for all their operations by 2050.

At 12:28 PM, the shares of Adani Green Energy Ltd. were trading at 0.82% higher at Rs 1,731.95 on BSE.

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