Overview
- Adani Green Energy operationalised a 187.5 MW solar power project at Khavda, Gujarat, through its subsidiary Adani Renewable Energy Fifty Seven Limited.
- This addition brings AGEL’s total operational renewable energy capacity to 14,528.4 MW as of May 21, 2025.
- The Khavda Renewable Energy Park, spanning 538 km², is the world’s largest single-location hybrid renewable energy site, valued at ₹1.5 lakh crore.
- The Khavda project is pivotal to AGEL’s target of achieving 50 GW renewable capacity by 2030, aligning with India’s broader 500 GW renewable energy goal by the same year.
- AGEL reported a 24% rise in net profit for Q4 FY25, with revenue increasing by 21.6%, and maintains an annual capex plan of $4–5 billion, with Khavda as its flagship investment.