Adani Green Powers Ahead with India’s Biggest Clean Energy Leap
Newzdaddy Business Updates
Synopsis of the Article:
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EBITDA Crosses $1 Billion: Adani Green Energy Ltd. (AGEL) surpasses USD 1 billion in EBITDA for FY25.
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Energy Sales Rise: 28% year-on-year growth in energy sales, totaling 27,969 million units.
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Revenue Grows: FY25 revenue stood at ₹9,495 crore, up by 23% YoY.
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Greenfield Capacity Addition: Highest ever in India—3.3 GW added in FY25.
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EBITDA Margin: Maintains a strong margin of 91.7%.
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Cash Profit Jumps: Grew by 22% to ₹4,871 crore.
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Operational RE Capacity: Reached 14.2 GW, up 30% YoY.
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Water Positivity: Achieved across the portfolio ahead of the FY26 target.
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Khavda Project Milestone: 4.1 GW already operational, aiming for 30 GW by 2029.
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Top ESG Rankings: 1st in Asia (ISS ESG), 3rd globally (FTSE Russell), among the top 10 in Sustainalytics.
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Technology Focus: Uses advanced bifacial modules, robotic cleaning, and AI-powered O&M.
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Capital Management: Refinanced USD 1.06 billion with a 19-year long-term loan.
Adani Green Energy Ltd. (AGEL), India’s top renewable energy company, has posted a solid financial and operational performance for the fiscal year ending March 31, 2025. With record-setting green energy achievements, AGEL has not only crossed the USD 1 billion EBITDA mark but also set new national benchmarks in renewable power generation.
AGEL’s energy sales jumped by 28% year-on-year, reaching nearly 27,969 million units—that’s nearly half of Singapore’s annual electricity consumption. Thanks to the increased capacity and strong operational efficiency, revenue rose to ₹9,495 crore, up by 23% compared to the previous year.
The company achieved a record EBITDA of ₹8,818 crore, showing a 22% growth from FY24. Impressively, AGEL maintained a stellar EBITDA margin of 91.7%, which reflects its strong operational efficiency. Meanwhile, cash profit rose by 22% to ₹4,871 crore, signaling healthy financial strength.
In FY25, AGEL added 3.3 GW of greenfield renewable capacity, the largest-ever addition by any Indian RE company. This includes:
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1,460 MW of solar and 599 MW of wind in Khavda, Gujarat
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1,000 MW of solar in Rajasthan
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250 MW of solar in Andhra Pradesh
With these additions, AGEL’s total operational capacity has increased by 30% YoY, reaching 14.2 GW, and is expected to touch 15.2 GW soon. The company is firmly on track to hit its ambitious 50 GW renewable energy target.
AGEL is currently developing the world’s largest renewable energy project at Khavda, Gujarat. Spread over 538 sq. km, this massive 30 GW project is five times the size of Paris. Remarkably, 4.1 GW of capacity has already been commissioned just two years after construction began.
The Khavda project uses cutting-edge technologies, such as:
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Bifacial n-type solar modules
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Horizontal single-axis trackers (HSAT)
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Waterless robotic cleaning systems
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India’s largest 5.2 MW wind turbines
This ensures not only higher efficiency but also sustainability, as it reduces water use and boosts electricity generation.
AGEL’s real-time monitoring of plants through its Energy Network Operation Center helps enhance plant availability and reduce O&M costs. Their use of AI and machine learning in collaboration with Adani Infra Management Services Pvt Ltd (AIMSL) enables higher performance and predictive maintenance. These efficiencies contributed to a 91.7% EBITDA margin, among the best in the industry.
Moreover, AGEL exceeded its electricity generation commitments under power purchase agreements (PPAs), achieving 107% of its target in FY25.
AGEL continues to lead in sustainability. It became water positive across its operational sites a year ahead of schedule, reflecting its commitment to the environment and a circular economy.
In ESG rankings, AGEL remains at the top:
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1st in Asia and among the top 5 globally in the renewable energy sector by ISS ESG
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3rd globally in the Alternative Electricity sector by FTSE Russell
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Among the top 10 globally in Sustainalytics’s ESG rankings
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1st in India’s power sector (CRISIL) for the third year in a row
AGEL successfully refinanced USD 1.06 billion of its initial construction loan into long-term debt with a 19-year tenure. This facility was used for building the world’s largest solar-wind hybrid cluster in Rajasthan. The refinancing is structured to match long-term cash flows, and the facility has earned AA+ ratings from three Indian credit rating agencies.
With rapid capacity additions, world-class projects like Khavda, and continued focus on sustainability, Adani Green Energy is powering India’s clean energy transition. Its consistent performance across financials, operations, and ESG commitments places it firmly among the top global renewable energy players.
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