Adani Green Operationalises 50 MW Solar Power Project At Khavda

Adani Green Energy Twenty Six A Ltd., a wholly-owned stepdown subsidiary of Adani Green Energy Ltd., has successfully operationalised a 50 MW solar power project at Khavda in Gujarat, the company informed in a disclosure to the exchanges on Wednesday.

With the commissioning of this new plant, the company's total operational renewable generation capacity has now increased to 16,729.80 MW. Power generation is set to commence from October 16, 2025, as per the filing.

Recently, the company's subsidiaries had also operationalised an aggregate 408.1 megawatt power projects at Khavda. Adani Renewable Energy Fifty Six added solar capacity of 87.5 MW, Adani Renewable Energy Forty One added wind capacity of 124.8 MW and Adani Green Energy Twenty Five B, Adani Green Energy Twenty Six B, Adani Solar Energy Jodhpur Six and Adani Hybrid Energy Jaisalmer Five added hybrid capacity of 196 MW.

The company is developing the world's largest renewable energy plant of 30,000 MW at Khavda. These include a mix of solar and wind projects.

India's primary green energy target is to achieve 500 GW of non-fossil fuel-based electricity capacity by 2030. The country ranks fourth globally in renewable energy installed capacity, fourth in wind power, and third in solar power capacity.

The scrip rose as much as 1.38% to Rs 1,050.50 apiece. It pared gains to trade 0.27% higher at Rs 1,039 apiece, as of 3:13 p.m. This compares to a 0.69% advance in the NSE Nifty 50 Index.

It has fallen 0.11% on a year-to-date basis, and 41.03% on a 12-month basis. The relative strength index was at 41.96.

Out of seven analysts tracking the company, six maintain a 'buy' rating, and one suggests 'sell,' according to Bloomberg data. The average 12-month consensus price target implies an upside of 19.2%.

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