Adani Green Energy Ltd on Tuesday announced that its operational capacity for FY25 went up by 30 per cent on an annual basis to 14.2 GW with sales up by 28 per cent YoY. This, it added, was driven by robust capacity addition. The operational capacity is expected to increase to 15.2 GW with additional 1 GW near completion.
The company released its provisional operational update for FY25 wherein it said that the rise in operational capacity went up by 30 per cent to 14,243 MW driven by a greenfield addition of 3,309 MW. This, it added, included the commissioning of 2,710 MW of solar power projects across key states with contribution of greenfield addition of 1,460 MW in Khavda, Gujarat, 1,000 MW in Rajasthan and 250 MW in Andhra Pradesh. Further, Adani Green operationalised 599 MW wind power plants with greenfield addition of 599 MW in Khavda, Gujarat. Sales of energy, meanwhile, increased by 28 per cent to 27,969 mn units backed by robust capacity addition.
Adani Green’s solar portfolio achieved a capacity utilisation factor (CUF) of 24.8 per cent backed by 99.5 per cent plant availability. Solar CUF in Khavda, it said, is recorded at 32.4 per cent (Q4 FY25), near its stabilized operation levels, demonstrating the high resource potential of the site and deployment of advanced RE technologies such as bifacial n-type modules, horizontal single axis trackers (HSAT) and robotic cleaning.
Furthermore, the wind portfolio posted CUF at 27.2 per cent backed by 95.9 per cent plant availability. And hybrid portfolio CUF was reported at 39.5 per cent backed by 99.6 per cent plant availability.
Shares of Adani Green Energy were up 4.32 per cent at 12:00 pm today at a trading price of Rs 932.30.