Introduction:
Green energy stock has seen a significant boost with the commissioning of a 57.2 MW wind power component by a subsidiary in Khavda, Gujarat. This addition enhances the company’s robust portfolio in renewable energy solutions.
Share Price movement of Adani Green Energy:
As of January 15, 2025, Adani Green Energy Ltd‘s shares opened at ₹1040.00 and are currently trading at ₹1043.60, with an intraday high of ₹1080.00 and low of ₹1023.50. This reflects 5% increase from the previous close of ₹1006.85. The company’s market cap is ₹165,309.63 crore.
Adani Green Energy’s New Project:
Adani Renewable Energy Forty Eight Limited, a subsidiary of Adani Green Energy Limited (AGEL), has successfully commissioned a 57.2 MW wind component of its wind-solar hybrid project in Khavda, Gujarat. This marks a significant addition to their renewable energy portfolio.
With this new plant operational, AGEL’s total renewable generation capacity has now reached 11,666.1 MW. The increase in capacity underscores AGEL’s ongoing commitment to expanding its renewable energy footprint and supports its growth strategy in the sector.
The decision to begin operations was made at 2.51 p.m. on January 14, 2025, with power generation scheduled to start the following day, January 15, 2025. AGEL requests that this information be recorded and acknowledges the continued support of its stakeholders.
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Recent news About Adani Green Energy :
On December 30, 2024, Adani Green Energy Limited announced leadership changes, with CEO Mr. Amit Singh stepping down effective March 31, 2025. Mr. Ashish Khanna will take over as CEO starting April 01, 2025, continuing the company’s management evolution.
Stock performance of Adani Green Energy for Period of 1 week, 6 months and 1 year:
Adani Green Energy Ltd’s stock performance has varied over different periods. Over the past week, it showed a slight increase of 1.81%. However, over the last six months, the stock declined by 41.6%, and over the past year, it has fallen by 39.6%.
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Shareholding pattern of Adani Green Energy:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 60.94 | 60.94 | 57.52 |
| FII | 13.68 | 15.16 | 16.91 |
| DII | 1.73 | 1.45 | 1.46 |
| Retail & others | 23.64 | 22.45 | 24.11 |
About Adani Green Energy:
Adani Green Energy Ltd specializes in renewable energy with a focus on solar and wind power. As a leader in India’s green energy sector, it aims to achieve significant capacity and sustainable growth to support global environmental goals.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
