Adani Group Achieves Landmark 10,000 MW Renewable Energy Portfolio Milestone

By siliconindia  |  Wednesday, 03 April 2024, 09:30:23 AM IST

Adani Group Achieves Landmark 10,000 MW Renewable Energy Portfolio Milestone
Adani Green Energy Limited (AGEL) has achieved a groundbreaking milestone in India's renewable energy sector by surpassing 10,000 megawatts (MW) of operational portfolio, a first in the country. This remarkable achievement underscores AGEL's commitment to delivering reliable, affordable, and clean power to the national grid, contributing significantly to India's renewable energy goals.
AGEL's operational portfolio, totaling 10,934 MW, is set to power over 5.8 million homes and mitigate approximately 21 million tonnes of CO2 emissions annually, aligning with the objective of achieving 450 GW of renewable energy capacity by 2030.
Gautam Adani, Founder and Chairman of the Adani Group, expressed pride in AGEL's accomplishment, labeling it as India's first 'das hazari' (ten thousand) in the renewables space. Adani emphasized the company's rapid growth trajectory, transforming from a visionary idea into a tangible reality, with a phenomenal 10,000 MW in installed capacity achieved in less than a decade.
AGEL's operational portfolio comprises 7,393 MW of solar, 1,401 MW of wind, and 2,140 MW of wind-solar hybrid capacity. The company's ambitious vision extends further with plans to build the world's largest renewable energy plant in Khavda, Gujarat, boasting a staggering 30,000 MW capacity. Gautam Adani highlighted AGEL's role in setting and redefining global benchmarks, showcasing its commitment to accelerating India's transition to clean, reliable, and affordable energy sources.
Furthermore, AGEL is dedicated to sustainable practices across its operations, with its operating portfolio certified 'single-use plastic free,' 'zero waste-to-landfill,' and 'water positive for plants with more than 200 MW capacity.' The company's efforts underscore its pledge to enhance natural and social capital while advancing renewable energy initiatives.
AGEL's forthcoming renewable energy project in Khavda, sprawling across 538 square kilometers, is set to become the world's largest, surpassing even the size of Paris and nearing the expanse of Mumbai city. This colossal undertaking reflects AGEL's commitment to driving substantial progress in India's renewable energy landscape while fostering environmental sustainability on a global scale. large as Mumbai city.

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