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Adani Green Energy surges as its arm commissions 150 MWac Solar Power project

20 Jan 2021 Evaluate

Adani Green Energy is currently trading at Rs. 1014.00, up by 16.95 points or 1.70% from its previous closing of Rs. 997.05 on the BSE.

The scrip opened at Rs. 997.00 and has touched a high and low of Rs. 1018.00 and Rs. 978.05 respectively. So far 98811 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1220.00 on 24-Nov-2020 and a 52 week low of Rs. 112.70 on 17-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1018.00 and Rs. 920.55 respectively. The current market cap of the company is Rs. 158731.81 crore.

The promoters holding in the company stood at 74.92%, while Institutions and Non-Institutions held 22.70% and 2.39% respectively.

Adani Green Energy’s (AGEL) step-down subsidiary-- Adani Solar Energy Kutchh One has commissioned 150 MWac Solar Power Project. Despite all the challenges of global pandemic Covid-19, unprecedented rain and flood in Kutchh, Gujarat, continuing with the Group’s commitment to nation building, the team of experts made it possible to commission the project 3 months prior to its scheduled commissioning date.

This plant has a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam (GUVNL) at Rs 2.67/kWh for a period of 25 years. With this commissioning, AGEL’s total operational renewable capacity grows to 3,125 MW. The plant will be connected to our state-of-the-art Energy Network Operation Centre (ENOC) that continuously monitors and analyses performance of 80 plus solar and wind plants across diverse locations in India.

With the commissioning of this project, AGEL has total renewable capacity of 14,795 MW including 11,670 MW awarded and under implementation projects.

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

Adani Green Energy Share Price

1330.75 39.65 (3.07%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
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