Adani Green Energy commissions 250 MW solar project, capacity hits 12,841 MW

Adani Green Energy Limited (AGEL) has successfully commissioned a 250 MW solar power project in Bhimsar, Rajasthan, through its subsidiary, Adani Green Energy Twenty Four Limited. This addition brings AGEL's total operational renewable energy capacity to 12,841.1 MW, reinforcing its leadership in India's renewable energy sector. The project is set to begin operations on March 21, 2025, aligning with India's clean energy goals. Following the announcement, AGEL's stock experienced a slight increase, reflecting investor confidence despite a noted decline over the past year. The company aims to expand its renewable capacity significantly, targeting 45 GW by 2030 to support India's decarbonization efforts. AGEL's growth underscores the importance of renewable energy in India's strategy for achieving net-zero carbon emissions.