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Adani Green withdraws from two wind projects in Sri Lanka

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Adani Green Energy, part of India’s Adani Group, has decided to withdraw from two proposed wind power projects in Sri Lanka due to financial challenges. The decision follows recent discussions with the Sri Lankan government regarding the reduction of power generation costs. Sri Lanka’s capital, Colombo, had aimed to lower the cost of power to $0.06 per kilowatt hour, down from the initial $0.08. However, Adani Green Energy deemed the projects “financially unviable” in light…

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Sri Lanka to renegotiate wind PPA with Adani Green Energy

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The government of Sri Lanka plans to renegotiate the power purchase agreement (PPA) with India’s Adani Green Energy for a 484MW wind power project, to reduce the cost to below $0.06 per unit, according to the Press Trust of India (PTI).  The previous government had signed a 20-year PPA for the project at 8.2 US cents per unit, a decision that was contested as local bidders had proposed lower prices. Sri Lankan government spokesman Nalinda…

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Adani Green Energy begins 57.2 MW wind power project in Gujarat

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Adani Green Energy Limited (AGEL) has started commercial operations of a 57.2 MW wind power project under the 9,500 MW Khavda Wind-Solar Hybrid Power Park Project in the Rann of Kutch district, Gujarat, as of January 15, 2025. The project is part of the larger 30,000 MW solar, wind, and hybrid power park development in Khavda, Kutch. Sarjan Realities (Suzlon) will develop 4,750 MW; Gujarat Industries Power Company Limited (GIPCL), 2,375 MW; Gujarat State Electricity…

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Adani commissions 174.9 MW hybrid project under Khavda RE Park

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Adani Renewable Energy Forty Eight Limited and Adani Green Energy Twenty Four A Limited, wholly-owned subsidiaries of Adani Green Energy Limited (AGEL), have commenced commercial operations of a 174.9 MW wind-solar hybrid power project in Gujarat’s Khavda Renewable Energy Park on December 28, 2024. The project includes 62.4 MW wind capacity by Adani Renewable Energy Forty Eight and 112.5 MW solar capacity by Adani Green Energy Twenty Four A. The hybrid project is part of…

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Adani Green establishes new subsidiary AGE68L

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Adani Green Energy Limited (AGEL) has formed a wholly owned subsidiary, Adani Green Energy Sixty Eight Limited (AGE68L), under its subsidiary Adani Renewable Energy Holding Nine Limited.  AGE68L will focus on power generation, development, distribution, and supply from wind, solar, and other renewable energy sources. Incorporated in Ahmedabad, Gujarat, AGE68L has an authorised and paid-up capital of Rs 100,000, with Adani Renewable Energy Holding Nine Limited holding 100% of its share capital. The subsidiary has…

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Adani Green forms SPVs for renewable energy projects

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Adani Renewable Energy Holding Nine Limited, a subsidiary of Adani Green Energy Limited (AGEL), has established three special purpose vehicles (SPVs) to implement its renewable energy projects.  The SPVs—Adani Green Energy Sixty Five Limited (AGE65L), Adani Green Energy Sixty Six Limited (AGE66L), and Adani Green Energy Sixty Seven Limited (AGE67L)—were incorporated on December 12, 2024. The SPVs will focus on generating, developing, transmitting, distributing, and selling power derived from wind, solar, and other renewable energy…

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Adani Green commissions 250 MW solar project in Rajasthan

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Adani Green Energy Twenty Five, a subsidiary of Adani Green Energy Limited (AGEL), has commissioned a 250 MW solar power plant at Badi Sid in Jodhpur, Rajasthan. With this commissioning, AGEL’s total operational renewable energy capacity has risen to 11,434 MW. The plant’s commissioning was announced following the receipt of necessary clearances. The project is being executed under the hybrid annuity mode (HAM) and is slated for completion within two years. AGEL is also working…

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Adani Green Energy subsidiary establishes Adani Hydro Energy Four

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Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated Adani Hydro Energy Four Limited (AHE4L) for renewable energy projects. AHE4L’s mandate includes the generation, development, distribution, transmission, and sale of electrical energy derived from wind, solar, and other renewable sources. In the previous week, AGEL, through Adani Saur Urja (KA) Limited, established four subsidiaries: Adani Hydro Energy One Limited (AHE1L), Adani Hydro Energy Two Limited (AHE2L), Adani Hydro…

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Adani Green incorporates new subsidiaries

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Adani Green Energy Limited (AGEL), through its wholly-owned subsidiary Adani Saur Urja (KA) Limited, has incorporated three new subsidiaries to advance renewable energy projects in India. The newly established entities include Adani Hydro Energy One Limited (AHE1L), Adani Hydro Energy Two Limited (AHE2L), and Adani Hydro Energy Three Limited (AHE3L).  These subsidiaries will focus on generating, transforming, distributing, transmitting, and supplying power through renewable energy sources such as wind and solar. Additionally, AGEL recently announced the…

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Adani Green Energy establishes new subsidiary for renewable energy projects

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Adani Green Energy Limited (AGEL) has established a new wholly-owned subsidiary, Adani Hydro Energy Five Limited (AHE5L), through its subsidiary Adani Saur Urja (KA) Limited.  Incorporated on November 26, 2024, AHE5L is registered in Ahmedabad, Gujarat, with an authorized and paid-up capital of Rs 100,000. AHE5L will generate, develop, transform, distribute, transmit, sell, and supply power through renewable energy sources, including wind and solar.