Know the share information of India’s largest green energy company
Adani Green Energy Ltd reported a remarkable 34% year-on-year (YoY) growth in operating capacity, reaching 8,316 MW in the first half of FY2024. This increase, driven by the addition of 2,418 MW of solar and 450 MW of wind power, showcases the company’s commitment to expanding its renewable energy footprint.
Learn about company operations and profits
The company’s energy sales surged by 20% YoY, totaling 14,128 million units compared to 11,760 million units last year. With a compound annual growth rate (CAGR) of 49% in power generation over the past four years, Adani Green Energy continues to lead the renewable sector.
Adani Green Energy Limited achieved these achievements in H1FY25
Adani Green has signed its first commercial agreement to supply 61 MW of renewable energy to Google’s data center and received a Letter of Award from MSEDCL for 5 GW of solar power. The company also formed a joint venture with TotalEnergies for a 1,150 MW renewable portfolio, securing a $444 million investment.
Following these developments, shares of Adani Green Energy rose by 1.43%, reaching an intraday high of ₹1,807 per share on BSE.
Follow DelhiBreakings on Google News
Summary at glance
Adani Green Energy Ltd reported a 34% year-on-year increase in operating capacity, reaching 8,316 MW in H1FY24, driven by 2,418 MW of solar and 450 MW of wind power. Energy sales surged by 20%, totaling 14,128 million units. The company also achieved strong performance metrics, including a capacity utilization factor of 23.9% for solar and 35.7% for wind. Following these developments, shares rose by 1.43%, reflecting positive market sentiment.
Superfast News Coverage by DelhiBreakings.com team.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com