Adani Green Energy Limited (AGEL) has been actively expanding its renewable energy portfolio with significant milestones achieved in March 2025. The company has commissioned multiple solar power projects and secured a long-term power supply contract. This chronological overview details the key events that have reinforced AGEL’s position as a leader in the renewable energy sector.
AGEL’s wholly-owned step-down subsidiary, Adani Renewable Energy Fifty Seven Limited, operationalised another solar power project of 25 MW at Khavda, Gujarat.
This increased AGEL’s total operational renewable generation capacity to 14,242.9 MW. The decision to operationalise the plant was made at 9:43 PM, with the plant becoming active from 1 April 2025.
On 29 March 2025, AGEL operationalised an incremental solar power project of 37.50 MW at Khavda, Gujarat. With this development, AGEL’s total renewable generation capacity rose to 13,737.8 MW. This further consolidated AGEL’s leadership in India’s renewable energy landscape.
On 28 March 2025, AGEL’s wholly-owned step-down subsidiary, Adani Renewable Energy Fifty Seven Limited, commissioned a 212.50 MW solar power project at Khavda, Gujarat. This addition increased AGEL’s total operational renewable capacity to 13,700.3 MW. The decision to commission the plant was made at 12:30 PM, with operations set to commence the next day.
On 27 March 2025, AGEL’s wholly-owned subsidiary, Adani Renewable Energy Holding Twelve Limited (AREH12L), received a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL).
The contract mandates the supply of 400 MW of solar power from a grid-connected solar PV project in Rajasthan at a tariff of ₹2.57/kWh for 25 years. The LOA was issued at 6:39 PM, marking a significant step in AGEL’s expansion plans.
As of April 01 2025, at 1:00 PM, Adani Green Energy share price was trading at ₹933, reflecting a decline of 1.65% from its previous closing price. Over the past month, it has surged by 16.03%. The stock has a 52-week high and 52-week low of ₹2,174.10 and ₹758.00 per share, respectively
AGEL’s recent achievements illustrate its strategic growth and execution capabilities. From securing a long-term solar power contract to commissioning and operationalising large-scale solar projects, the company has made significant strides in expanding its renewable energy footprint.
These milestones reinforce AGEL’s commitment to driving India’s transition towards a sustainable energy future.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 1, 2025, 2:43 PM IST
Team Angel One
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