Adani Green Energy operational capacity reaches 16,598.6 MW; shares rise nearly 4%

Adani Green Energy Ltd (AGEL) on Wednesday, October 1, said it has operationalised 112.5 MW of power projects at Khavda in Gujarat, taking its total generation capacity to 16,598.6 MW.

Following this announcement, shares of Adani Green gained as much as 3.69% to touch an intraday high of ₹1,064.80 apiece on Wednesday, October 1. At 3:27 PM, Adani Green shares were trading 3.81% higher at ₹1,066 per equity share on the National Stock Exchange (NSE).

The company has operationalised a solar project of 87.5 MW through its stepdown subsidiary Adani Renewable Energy Fifty Six Limited. Through Adani Green Energy Twenty Five B Limited, a hybrid project of 25 MW has been operationalised at the same location.

Based on the relevant clearances, it was decided to operationalise these plants and commence power generation from September 30, 2025. With commissioning of these plants, AGEL's total operational renewable generation capacity has increased to 16,598.6 MW, the company said in an exchange filing.

On September 30, according to a news report, TotalEnergies CEO Patrick Pouyanne said the French energy giant may sell part of its stake in Adani Green Energy to capitalise on the Indian renewable producer’s rising valuation.

Pouyanne admitted that Adani Green Energy turned out to be a “very profitable investment” and TotalEnergies is now considering cashing in some gains by selling part of its stake, according to a Bloomberg report.

The report added that TotalEnergies acquired 20% of Adani Green in 2021 for $2 billion.

Adani Green Energy stock price

Over the last five trading sessions, Adani Green Energy shares declined 3.75%. On the other hand, the stock rose 14.43% in the last month. Further, the scrip zoomed 15.98% over the past six months. The stock also advanced 1.87% on a year-to-date basis.

The stock touched its 52-week high of ₹1,988.45 on September 30, 2024, and its 52-week low of ₹758 on March 3, 2025. The company’s market capitalisation stands at ₹1,71,816.72 crore as recorded on October 1.

About Adani Green Energy

Adani Green Energy Limited (AGEL) is one of the leading Indian renewable energy companies that develops, owns, and operates utility-scale solar, wind, and hybrid power plants. As part of the Adani Group, AGEL is a major player in India's clean energy transition, with a large operational portfolio and a 2030 target of 50 GW of renewable energy capacity.

Adani Green Energy Q1 FY26 Results

Adani Green Energy Ltd (AGEL) reported a 31% year-on-year (YoY) increase in consolidated net profit at ₹824 crore for the June quarter (Q1 FY26), supported by revenues from its core operations.

The Adani Group’s green portfolio arm had recorded a net profit of ₹629 crore in the April–June quarter of FY25.

Total income rose to ₹4,006 crore in the June quarter, compared to ₹3,112 crore in the same period last year.

Of this, ₹3,312 crore was contributed by power supply, while ₹429 crore came from the sale of goods/equipment.

Expenses stood at ₹3,050 crore, higher than ₹2,437 crore in the year-ago quarter.

In a statement, the company said strong revenue, EBITDA and cash profit growth were primarily backed by robust greenfield capacity addition of 4.9 GW, deployment of advanced RE technologies, superior plant performance and deployment of new capacities in resource-rich sites at Khavda in Gujarat as well as in Rajasthan.