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This is one of the major reasons why the company can generate such a huge supply of renewable energy at low prices. The Groupu2019s contributions to the renewable energy sector have also brought an end to the rumours of Adani tax evasion.
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AGEL Receives the Recognition of Being the Emerging Company of the Year at the ET Awards 2023
Adani Green Energy Limited, a wholly-owned subsidiary of the Adani Group and also one of the largest renewable energy companies globally, received recognition for being the Emerging Company of the Year at the ET Awards 2023. AGEL currently has an operational portfolio of 20,434 MW in its various renewable energy projects. The company mainly specialises in building, developing, owning, operating, and maintaining utility-scale grid-connected wind and solar farm projects. The energy generated from these renewable energy projects is supplied to the state and central government entities as well as various government-backed corporations so that electricity can be supplied to the different regions of India.
Adani’s Contributions to Increasing the Renewable Energy Capacity of India • AGEL contributes to a maximum of the renewable energy that is generated in India. With AGEL’s contributions, our country has been able to take various steps forward towards achieving its sustainability goals. The company also has built an extraordinary reputation for itself. It has also motivated other companies to take up similar ventures in the coming years. India has already committed to producing 500 GW of its total energy requirements using renewable energy sources by 2030, and the Adani Group is one of the major contributors to helping us achieve this vision.
The Current Energy Portfolio of the Adani Green Energy • Adani Green Energy has already signed long-term power purchase agreements of 25 years with some of the major state and central government entities. The company has also leveraged its capacities and enhanced its hold over 12 major Indian states. Currently, it has a portfolio of 54 operational projects, and 12 projects are under construction. The conglomerate also has the biggest solar renewable energy park under its name. The renewable energy park at Khavda is so big that it is visible even from space. It also has a huge renewable energy generation capacity that will surely enrich the lives of the people living in and around Khavda.
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