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New Delhi:
The operational production capacity of Adani Group’s renewable energy company, Adani Green Energy, has increased to 14,528.4 MW from the total renewable sources. The company has given this information through exchange filing. Adai Green Energy Step-Down Subsidiary Adani Renewable Energy Fifty Seven Limited has seen this increase in capacity after the 187.5 MW solar project was commissioned in Khawda, Gujarat.
Adaluk ‘Stable’ of Adani Green Energy
Let us know that this month India Ratings and Research has given the credit rating of Adani Green Energy to ‘IND AA-‘, the agency has kept its outlook ‘stable’.
Operation capacity will be around 15 GW
The agency has said that Adani Green made a tremendous focus on implementing the work in a better way, which includes a capacity increase of 3.3 GW during FY2025 and a potential additional 1 GW by May 15, due to which the operation capacity will be around 15 GW.
Adaani Green Energy shares rose by about 2% to Rs 1,003 per share on Wednesday, which is a high level after May 20. By 11:30 am, it was trading 1.02% to Rs 993.90 per share.
According to Bloomberg data, six of the seven analysts monitoring the company have been advised to buy. Only 1 has suggested to sell.
(Disclaimer: New Delhi Television is a Subsidiya of Amg Media Networks Limited, an adani group company.)
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