Adani Green Energy’s subsidiary, Adani Renewable Energy Forty One Ltd, has started a 250 MW wind power project in Khavda, Kutch, Gujarat. This plant features some of the world’s most powerful onshore wind turbines, each with a capacity of 5.2 MW.
With this project, the total operational capacity at Khavda has reached 2,250 MW. Adani Green Energy highlighted this project as a step forward in renewable energy and sustainability. In its Q1 update, Adani Green Energy reported a 31% increase in operational capacity, now at 10,934 MW from 8,316 MW a year ago. Energy sales also rose by 22% to 7,536 million units. The company achieved a solar Capacity Utilization Factor (CUF) of 25.4% and a wind CUF of 36.2%.
Adani Green Energy plans to invest ₹2 lakh crore by 2030 to develop 40 gigawatts of renewable energy and aims for net zero emissions by 2050. Shares of Adani Green Energy rose 1.86% to an intraday high of ₹1,749.95 on the BSE but later settled at ₹1,736, up 1.05%.
Adani Green Energy, part of the Adani Group, is a leading player in the renewable energy sector in India. The company focuses on generating power through solar, wind, and hybrid energy sources. Adani Green Energy has also set ambitious goals to invest heavily in renewable energy infrastructure, aiming to achieve net zero emissions by 2050. The company’s growth reflects its strategic efforts to enhance its renewable energy portfolio and contribute to the global shift towards cleaner energy.
