Adani Green in FY27 Rs. 42,000 crores can be invested

Mumbai: Adani Green Energy Ltd (AGEL) plans to invest about ₹42,000 crore in capex to add about 5 GW of clean energy capacity in FY27, Executive Director Sagar Adani said in the company’s latest earnings call.

In FY26, the company added more than 5 GW of greenfield renewable capacity, the highest annual addition globally by any company outside China, it said. This takes AGEL’s total operational portfolio to 19.3 GW, further strengthening its leadership in India’s renewable energy sector.

Management indicated that the company retains the ability and financial flexibility to scale up to 7-8 GW annually. However, it is regulating additional speeds to better align with transmission infrastructure and grid availability. AGEL reiterated that its long-term target of reaching 50 GW of capacity by 2030 remains intact.

Driving its growth is the company’s Khawda Renewable Energy project in Gujarat, which has around 9.4 GW of operational wind, solar and hybrid capacity.

Along with generation, the company is increasing investment in energy storage to improve reliability and address renewable intermittency, including battery energy storage systems (BESS) and pumped storage projects (PSPs).