Largest Renewable Power Generation Company Commissions 510.1 MW Renewable Projects in Khavda, Boosts Total Capacity to 17,982.3 MW
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Adani Green Energy Ltd commissions 510.1 MW of solar, wind, and hybrid projects in Khavda, Gujarat, pushing its total renewable capacity close to 18 GW as it targets industry-beating growth through 2030.
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India’s renewable energy sector is set for steady growth over the next five years. However, Adani Green Energy Ltd (AGEL) is targeting a CAGR of around 29 per cent. This is nearly 2.9 times the expected industry growth rate of 10 per cent between December 2025 and 2029-30.
This ambitious growth is supported by record annual capacity additions and the faster execution of large-scale projects.
With the latest addition, AGEL now manages one of India’s largest renewable energy portfolios. Its operational capacity stood at 17.2 GW as of December 2025. By 2029-30, it is expected to reach 50 GW.
In line with this strategy, AGEL has operationalised 510.1 MW of renewable power projects at Khavda in Gujarat through its step-down subsidiaries. With this commissioning, the company’s total operational renewable generation capacity has increased to 17,982.3 MW, bringing it close to the 18 GW milestone.
The company stated that, based on relevant regulatory clearances, the decision to operationalise the plants was taken at 10:58 p.m. on March 22, 2026, with power generation commencing the same day.
Project-Wise Breakdown of 510.1 MW Capacity
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Adani Green Energy Ltd (AGEL) is India’s largest renewable energy company. It develops and operates solar, wind, and hybrid power projects across the country. AGEL’s renewable portfolio spans 12 resource-rich states, combining utility-scale solar and wind farms with hybrid projects to deliver reliable, clean energy at scale.
Adani Green Energy Ltd Share Price Performance
Adani Green Energy Ltd opened at Rs 863 today, marginally below yesterday’s close of Rs 863.10. During the ongoing trading session as of March 23, 2026, 11:31:51 IST, the share price has slipped to Rs 821.75, down Rs 41.35 or 4.79 per cent. The Intraday low touched Rs 815.65, while the high so far has been Rs 863.
The decline comes amid broader market weakness, which has weighed on investor sentiment across the renewable and energy sectors.
Year-to-date, AGEL shares are down 19.90 per cent, reflecting profit-booking by investors. Over the last year, the stock has fallen 13.89 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.