Adani Green Energy Share Price

Adani Green Energy Limited was incorporated on January 23, 2016, under the Companies Act, 2013. It was founded by Gautam Adani. The registered office is in Ahmedabad, Gujarat. AGEL is listed on both the National Stock Exchange (ADANIGREEN) and the Bombay Stock Exchange (541450). It is a major player in India’s renewable energy space, developing, owning, constructing, operating and maintaining utility-scale solar, wind, and hybrid power plants to support the clean energy transition.

Adani Green Energy Business Segments and Revenue Model

AGEL’s operations cover segments such as grid-connected solar farms, wind farms, hybrid (solar + wind) plants, and solar parks. It also has ancillary business in equipment supply and project development. The company’s revenue is primarily generated via long-term Power Purchase Agreements (PPAs) with state or central utilities and distribution companies, supplemented by merchant sales in some markets. Growth comes from adding capacity (organic), acquiring renewable assets (inorganic), and optimising operations (in-house execution, efficiency). Cost control, technological adoption, and scale are key to improving margins.

Adani Green Energy Key Milestones

• 2016: AGEL incorporated and started its first solar and wind projects in Madhya Pradesh and Kutch.
• 2017: Took over Adani’s renewable asset portfolio and got listed on NSE & BSE.
• 2018-19: Acquired Kodangal Solar Parks and portions of Essel Group’s solar portfolio.
• 2020: Total Energies invested in AGEL for a minority stake.
• 2021: Acquired SB Energy to significantly expand footprint.
• 2023-24: Reached operational renewable energy capacity of ~14.24 GW and made strides in ESG rankings and recognition.
• 2025: Set on a target of 50 GW clean energy capacity by 2030; completed refinancing of a major construction facility to strengthen capital structure.

Adani Green Energy ESG and Sustainability

• Set target of 50 GW renewable energy capacity by 2030, aligned with India’s decarbonisation goals.
• Focus on reducing energy and water intensity; increasing operational efficiency.
• Committed to zero waste to landfill and eliminating single-use plastic at operational sites.
• Strong reporting practices: regular ESG disclosures, maintaining governance transparency and stakeholder engagement.
• High scores in ESG ratings, especially in the power/renewables sector.

Adani Green Energy Awards and Recognitions

• Won “Global Sponsor of the Year” award for its leadership in energy transition.
• Topped NSE’s Power Sector ESG Ratings and achieved high rankings in alternative electricity subsector globally.
• Recognised for its sustainability practices and environment management across its sites.
• Multiple industry acknowledgments for efficient project execution and renewable capacity addition.