Adani Green Energy Limited (AGEL) has commissioned a new solar power plant in Andhra Pradesh, reinforcing its commitment to renewable energy.
Adani Green Energy Limited (AGEL) has announced that its wholly owned subsidiary, Adani Solar Energy Ap Eight Private Limited, has successfully launched a 250 MW solar power plant in Kadapa, Andhra Pradesh.
With this new project becoming operational, AGEL’s total renewable energy production capacity has now reached 12,591.1 MW, strengthening its position in the green energy sector.
The decision to officially commission the plant was made on March 11, 2025, after obtaining the necessary regulatory clearances. However, the plant has been operational since March 8, 2025.
Adani Green Energy Limited is a leading renewable energy company in India that specialises in large-scale solar and wind power projects. A key part of the Adani Group, AGEL is committed to driving sustainable energy growth. The company has a market capitalisation of ₹1.32 trillion, an average trading volume of 5.44 million and a P/E ratio of 105.28. Despite its rapid expansion, AGEL currently offers no dividend yield, reinforcing its focus on long-term growth in the clean energy sector.
As of March 12, 2025, at 10:50 AM, the shares of Adani Green Energy Ltd are trading at ₹827.50 per share, reflecting a surge of 0.40% from the previous day’s closing price. Over the past month, the stock has registered a loss of 9.75%. The stock’s 52-week high stands at ₹2,174.10 per share, while its low is ₹758 per share.
With this new solar project, Adani Green Energy Limited continues its mission of expanding renewable energy production. This milestone further solidifies the company’s position as a leading player in the green energy sector.
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Published on: Mar 12, 2025, 2:49 PM IST
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