Adani Green Races Past 10 GW Operational Milestone In March’24

Highlights :

  • Powered by a slew of projects operationalised in March, AGEL’s operational green portfolio has raced past 10 GW to reach almost 11 GW.
  • The size makes it the largest renewable energy developer in India by a distance
Adani Green Races Past 10 GW Operational Milestone In March’24 Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects

With a string of plants being operationalised all through March last month, Adani Green Energy Limited (AGEL)has surpassed 10,000 megawatts (MW) of a completely green operational portfolio.

AGEL’s operational portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. The milestone is a key landmark for AGEL’s  goal of 45,000 GW renewable energy by 2030.

AGEL claims that its 10,934 MW operational portfolio will power more than 5.8 million homes and avoid about 21 million tonnes of CO2 emissions annually.

In achieving the milestone, AGEL is has adopted innovative technology, solid execution capabilities, digitization, a robust supply chain network, and long-term infrastructure financing, combined with sustainable practices, establishing a repeatable template for GW scale projects.

“We are proud to be India’s first das hazari in the renewables space,” said Gautam Adani, Chairman of the Adani Group. “In less than a decade, Adani Green Energy has not just envisioned a greener future but has actualised it, growing from a mere idea to explore clean energy to achieving a phenomenal 10,000 MW in installed capacity. This achievement is a demonstration of the rapidity and scale at which the Adani Group aims to facilitate India’s transition to clean, reliable and affordable energy. In our drive towards 45,000 MW by 2030, we are building the world’s largest renewable energy plant in Khavda — a 30,000 MW project unparalleled on the global stage. AGEL is not just setting benchmarks for the world but redefining them.”

kamuthi Solar Plant

The First Big One-Kamuthi Solar in Tamil Nadu

AGEL’s operating portfolio is certified ‘single-use plastic free’, ‘zero waste-to-landfill’ and ‘water positive for plants with more than 200 MW capacity’.

AGEL’s 10,000 MW contribution to India’s RE goals

  • Largest greenfield expansion in India’s RE sector
  • Represents about 11% of India’s installed utility-scale solar and wind capacity
  • Contributing over 15% of India’s utility-scale solar installations
  • Over 3,200 direct green jobs created

Provided blueprint for giga-scale development globally

Notable highlights of the journey include the world’s  largest single location solar plant  in Fy 16 , followed by the World’s largest single location hybrid RE cluster in FY23. Looming next is the World’s largest RE project at Khavda, Gujarat of 30,000 MW on barren land. Built across 538 sq km, it is five times the size of Paris and almost as large as Mumbai city. AGEL has operationalized 2,000 MW cumulative solar capacity (i.e. over 6% of the planned 30,000 MW) within 12 months of commencing work. Work at Khavda continues at a fast pace, with AGEL leveraging the project execution capabilities of Adani Infra, the manufacturing expertise of Adani New Industries Limited, the operational chops of Adani Infrastructure Management Services Ltd. and the robust supply chain of its other key strategic partners that it has built over the past few years, mostly in Gujarat.

 

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