Adani Green Share Price

About Adani Green

Core Activities & Products

• Solar Power: The company is dedicated to creating a cleaner and greener future through the generation of solar power. Due to its advanced engineering systems, it can design cost-efficient projects, after in-depth analysis of the land, grid connection infrastructure, emerging technologies and solar radiation. The design also takes the impact of location, weather conditions, temperatures on equipment into account. Therefore, AGEL ensures that all risk factors are carefully evaluated before launching its capital investment projects. It also has solar parks like the Adani Renewable Energy Park Rajasthan Ltd (AREPRL), which is a 50: 50 Joint Venture Company (JVC) incorporated by Adani Renewable Energy Park Ltd (AREPL) and Rajasthan Renewable Energy Corporation Ltd (RRECL), Government of Rajasthan.
• Wind Power: The enterprise owns, develops, builds, operates and maintains utility-scale grade-connected renewable farm projects and sells the electricity generated to central and state government entities and government-backed corporations. AGEL analyses several regions in India to evaluate the most suitable place for their wind project development. Many wind-masts are already functional in resourceful areas, which allows the company to assess the site wind resource potential and allow micro siting.
• Hybrid Power: There is a concern with the variability in solar and wind power generation in large-scale adoption of renewables, majorly due to its large contribution to the energy mix. The hybridisation of wind and solar plants aims to reduce this variability as solar energy generation is high during the day, while wind generation is generally higher at night, giving hybrid projects a much higher capacity. Moreover, the variability owing to the nature of renewable energy supply can also be facilitated with the help of demand management, balancing through gas and hydro generation shifting, smarter grids and more.
• Operational Excellence: AGEL has introduced many initiatives with a focus on data analytics, like Adani-Energy Operation Nerve Centre (Adani-ENOC) - a cloud-based platform. The program helps the company use drones to monitor the progress of their projects and asset mapping. It also adopts machine learning and uses geospatial technologies. The enterprise is also striving to upgrade their Operations and Maintenance (O&M) practices through business intelligence tools like Radio Frequency Identification (RFID) and GPS technologies.

Board of Directors

• Mr. Gautam Adani: Chairman
• Mr. Rajesh Adani: Director
• Mr. Sagar R. Adani: Executive Director
• Mr. Vneet S. Jaain: Managing Director & Chief Executive Officer
• Mr. Dinesh Kanabar: Independent and Non-Executive Director
• Mr. Romesh Sobti: Independent and Non-Executive Director
• Ms. Ahlem Friga-Noy: Non-Executive and Nominee Director
• Dr. Poornima Advani: Independent and Non-Executive Director
• Mr. Raminder Singh Gujral: Independent and Non-Executive Director
• Mr. Sandeep Singhi: Independent and Non-Executive Director

Presence

Registered Office:

Strengths:

1. There has been an increase in the net cash flow and cash from its operations, which continues to rise.
2. AGEL has recorded a strong annual EPS growth.
3. The company uses the shareholders fund in a very effective and efficient manner, which has been seen with the improvement of their return on equity (ROE) since the last two years.
4. It has been efficient in managing its assets to generate profits, as seen with its increase in return on assets since the last two years.
5. Its net profit has also grown with increasing profit margins (QoQ), with an increasing revenue every quarter in recent times. Its profits have increased every quarter for the past two quarters, while annual net profits have increased since the past two years.
6. AGEL is recording a strong momentum in its price above short, medium and long term moving averages.

CSR and Sustainability

Criticism

COVID-19 Impact

Future Prospects

Did You Know!

Equity Shares

Annual Financial Summary