Aided by greenfield capacity additions, Adani Green Energy Limited, the renewable energy arm of Adani Group, posted a profit of ₹2,001 crore, a 59 per cent year-on-year growth for the financial year 2024-25.

During the financial year 2025, the company’s total income grew by 18 per cent year over year to ₹12,422 crore. The company’s revenues from power supply grew by 23 per cent to ₹9,495 crore. The company attributed the performance to “robust greenfield capacity addition of 3.3 GW, deployment of advanced RE technologies and superior plant performance.”  

Sagar Adani, Executive Director, Adani Green Energy stated, “We are playing a pivotal role in India’s renewable energy growth, which is evident from our historic 3.3 GW greenfield capacity addition in FY25. We contributed 16% to the nation’s utility-scale solar and 14% to wind energy additions, setting new benchmarks for rapid, large-scale renewable energy deployment.” The greenfield additions in FY25 included 1,460 MW of solar capacity and 599 MW wind capacity in Khavda, 1,000 MW in Rajasthan, and 250 MW in Andhra Pradesh.  

“We are progressing well to develop the world’s largest renewable energy plant of 30 GW by 2029 at Khavda, Gujarat having operationalised 4.1 GW of solar and wind capacity within two years of commencing construction. We delivered high solar capacity utilisation factor (CUF) of 32.4% in Q4 FY25. This underscores the site’s high resource potential harnessed by deploying advanced technologies such as bifacial n-type modules, horizontal single-axis trackers (HSAT), and waterless robotic cleaning systems. Aligned with our circular economy framework, we achieved water positivity across our entire operational portfolio ahead of our FY26 target, a testament of our commitment to achieve the ESG objectives,” Adani added.

The company’s operational capacity has expanded by an impressive 30 per cent year over year to 14.2 GW. It is expected to increase to 15.2 GW, with an additional 1 GW nearing completion. The year-over-year sale of energy rose by 28 percent to 27,969 million units, equivalent to half of Singapore’s annual power consumption, the company stated.

About the Khavda project in the Kutch district of Gujarat, the company stated, “In a mere 2 years from breaking ground, AGEL has operationalised 4.1 GW solar and wind capacity. With robust manpower deployment, localised supply chain and advanced technologies like robotic solar module installation, AGEL is on a firm track to achieve 30 GW RE capacity in Khavda by 2029 setting a global benchmark for the speed of execution at such a large scale. The plant deploys the most advanced bifacial solar modules and trackers to maximise electricity generation. It also deploys India’s largest 5.2 MW wind turbine, which is also one of the most powerful onshore wind turbines globally. The deployment of waterless robotic cleaning in the entire plant, not only leads to near zero usage of water for module cleaning but also increases electricity generation.”

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Published on April 29, 2025