
Proud to be India’s first das hazari’: Gautam Adani as AGEL surpasses 10,000 MW renewable energy
The company said its portfolio consists of 7,393 MW solar, 1,401 MW wind and 2,140 MW wind-solar hybrid capacity. It plans to achieve 45,000 GW renewable energy by 2030.
Adani Green’s 10,934 MW of operational portfolio will power more than 5.8 million homes and avoid about 21 million tonnes of CO2 emissions annually, it said in a filing on Wednesday.
The stock was trading slightly lower in early trading session. It was last seen 0.22 per cent lower at Rs 1,889.10.
AGEL said it has set a precedent on how innovative technology, execution capabilities, digitisation, a robust supply chain network, and long-term infrastructure financing combined with sustainable practices can drive clean energy transition and decarbonisation on a giga-scale.
AGEL stated that it is pursuing sustainable practices across its operations and unwaveringly focusing on energising a sustainable future, aligned with the United Nations Sustainable Development Goals. 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’, it said.
AGEL’s 10,000 MW is the largest greenfield expansion in India’s renewable energy sector and represents about 11 per cent of India’s installed utility-scale solar and wind capacity. It contributes over 15 per cent of India’s utility-scale solar installations. Over 3,200 direct jobs have been created too, it said.
Moreover, Adani Green Energy is developing the world’s biggest renewable energy project – a 30,000 MW initiative – on a barren land at Khavda in Kutch, Gujarat. The project spans across 538 sq km, making it five times the size of Paris and almost as large as Mumbai.