Adani Green Unit to Supply 20.8 MW Hybrid Power to Asahi India Glass

Adani Green Energy subsidiary Adani Green Energy Twenty Five B Limited has entered into a Power Consumption Agreement (PCA) and a Tripartite Agreement to supply 20.8 MW of solar-wind hybrid power to Asahi India Glass Limited.

The company said in a regulatory filing that the power will be supplied from a solar-wind hybrid project comprising a 25 MW solar power plant unit and a 20.8 MW wind power plant unit, both located at Khavda, Gujarat. Further, Adani Green Energy Twenty Five B Limited and Adani Renewable Energy Holding Four Limited have also signed an Investment Agreement with Asahi India Glass Limited on January 07, 2026.

The Investment Agreement has been signed by and amongst Adani Renewable Energy Holding Four Limited (“AREH4L”), Adani Green Energy Twenty Five B Limited (“Generator”), and Asahi India Glass Limited (“Captive User”).

The Generator and the Captive User have entered into a Power Consumption Agreement dated January 07, 2026 (“PCA”). Pursuant to the provisions of the PCA and the Captive Rules, and in accordance with the terms of the Investment Agreement, the Captive User has agreed to subscribe to a minimum of 26% of the proportionate equity share capital related to the Generator’s project, in one or more tranches, to meet the Minimum Captive Shareholding requirement as per the Captive Rules.

Adani Green Aims To Add 7.1 GW Solar, Wind & Hybrid Assets

Ashish Khanna, Chief Executive Officer (CEO) of Adani Green, during the company’s last investor call, mentioned that the company is on track to achieve its targeted 50 GW capacity by 2030. He said the company is progressing steadily in developing a renewable energy plant at Khavda, Gujarat, comprising 7.1 GW of solar, wind, and hybrid assets, including 661 MW of group projects already in operation.

The company also shed light on potential changes in the hybrid project’s Capital Utilisation Factor (CUF) based on the solar-wind combination. Khanna explained that, overall, wind performance has changed only to a small extent in the current context, even though it is a few basis points lower. He further explained that much of this depends on weather conditions and where the assets are located.