Shares of Adani Green Energy Ltd soared 7% on Wednesday, 15 January, after the company’s step-down subsidiary Adani Renewable Energy Forty Eight announced commissioning a 57.2 megawatt (MW) wind power component in Gujarat. 

In its regulatory filing, the company said, “Adani Renewable Energy Forty Eight Limited, a step-down subsidiary of Adani Green Energy Limited (“AGEL”) has commissioned a 57.2 MW wind power component of its wind-solar hybrid project at Khavda, Gujarat.”

With the commissioning of this plant, Adani Green Energy’s total operational renewable energy capacity has risen to 11,666.1 MW.

The filing further stated: Following the necessary clearances, the decision to operationalize the plant was made at 2:51 pm on 14 January 2025, with power generation commencing on 15 January 2025.

Adani Green Energy Limited (AGEL), one of India’s leading renewable energy companies, boasts a project portfolio of 20,434 MW. As part of the Adani Group’s commitment to creating a cleaner and greener future for India, AGEL operates under the philosophy of ‘Growth with Goodness.’ 

The company specializes in developing, constructing, owning, operating, and maintaining large-scale grid-connected solar and wind farm projects, supplying electricity to central and state government entities as well as government-backed corporations.

At 1:14 pm, the shares of Adani Green were trading 3.32% higher at Rs 1,040.25 on NSE.

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