Adani Green Energy Limited (AGEL) has put on stream 551 MW solar capacity in Khavda, Gujarat, to feed the national grid.
"Within just 12 months of initiating work on the Khavda RE park, AGEL has successfully integrated this capacity into the national grid," said a statement to the exchanges from the company.
The energy generated from the Khavda RE park is projected to power approximately 16.1 million homes annually. Leveraging the region's abundant wind and solar resources, AGEL has employed innovative solutions to accelerate the plant's development while supporting the establishment of an indigenous and sustainable supply chain.
The park, situated in the challenging terrain of the Rann of Kutch, now houses an 8,000-strong workforce and is set to become the largest renewable energy installation globally, with a planned capacity of 30 GW over the next five years. "Adani Green Energy is creating one of the world’s most extensive renewable energy ecosystems for solar and wind,” Gautam Adani, chairman of the Adani Group, said.
“Through bold and innovative projects like the Khavda RE plant, AGEL continues to set higher global benchmarks and rewrite the world’s planning and execution standards for giga-scale renewable energy projects. This milestone is a validation of the Adani Group’s commitment and leading role in accelerating India’s equitable clean energy transition journey towards its ambitious goals of 500 GW of renewable energy capacity by 2030 and carbon neutrality,” he added.
In December 2023, Bloomberg had announced that Gautam Adani and his family are aiming to inject $1 billion into the conglomerate’s renewable energy unit. This move is a part of the group's aim to reach "ambitious green goals while facing maturing bonds next year".
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