Summary

• Page properties (1 modified, 0 added, 0 removed)

Details

Page properties

Content

...	...	@@ -8,6 +8,10 @@
8	8
9	9	On the back of long-term Power Purchase Agreements (PPAs) of 25 years with central and state government entities, AGEL has leveraged its capabilities and expanded its presence across 11 Indian states. The Company deploys the latest technologies in its projects. With a portfolio of 54 operational projects and 12 projects under construction, AGEL is driving India on its renewable energy journey.
10	10
	11	+
	12	+[[image:ADANIGREEN0.jpg||height="449" width="720"]]
	13	+
	14	+
11	11	= Business Segments =
12	12
13	13	== Solar Power Generation ==
...	...	@@ -132,6 +132,44 @@
132	132
133	133	Based on the award agreement the 8 GW of solar development projects will be implemented over the next five years. The first 2 GW of generation capacity will come online by 2022 and the subsequent 6 GW capacity will be added in 2 GW annual increments through 2025. The projects will include a variety of locations, including a 2 GW single-site generation project that is tied for the rank of the largest single-site project announced globally. The solar cell and module manufacturing capacity of 2 GW will be established by 2022 and along with the existing 1.3 GW of capacity will further consolidate the Group’s position as India’s largest solar manufacturing facility.
134	134
	139	+
	140	+**Adani Green Energy Standalone December 2020 Net Sales at Rs 233.44 crore, down 72.24% Y-o-Y **{{footnote}}https://www.moneycontrol.com/news/business/earnings/adani-green-ene-standalone-december-2020-net-sales-at-rs-233-44-crore-down-72-24-y-o-y-6444091.html{{/footnote}}
	141	+
	142	+**February 03, 2021;** Reported Standalone quarterly numbers for Adani Green Energy Limited are:
	143	+
	144	+* Net Sales at Rs 233.44 crore in December 2020 down 72.24% from Rs. 840.78 crore in December 2019.
	145	+* Quarterly Net Profit at Rs. 69.74 crore in December 2020 up 165.82% from Rs. 26.23 crore in December 2019.
	146	+* EBITDA stands at Rs. 146.81 crore in December 2020 up 70.57% from Rs. 86.07 crore in December 2019.
	147	+* Adani Green Ene EPS has increased to Rs. 0.35 in December 2020 from Rs. 0.07 in December 2019.
	148	+
	149	+
	150	+
	151	+**Adani Green Energy commissions 100-MW solar power project in Gujarat **{{footnote}}https://www.moneycontrol.com/news/business/adani-green-energy-commissions-100-mw-solar-power-project-in-gujarat-6287571.html{{/footnote}}
	152	+
	153	+**December 30, 2020**; Adani Green Energy Ltd (AGEL) on Wednesday said it has commissioned a 100 megawatt (MW) solar power project at Khirsara in Gujarat.
	154	+
	155	+
	156	+"Adani Solar Energy Kutchh Two Private Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has commissioned a 100 MW solar power project at Khirsara, Gujarat, ahead of its scheduled commercial operation date (COD) as per its 25-year power purchase agreement (PPA ) with the Gujarat Urja Vikas Nigam India (GUVNL)," AGEL said in a statement.
	157	+
	158	+
	159	+The PPA is priced at Rs 2.44 per kilowatt-hour, as on Tuesday (December 29).
	160	+
	161	+With this commissioning, AGEL's total operational renewable power capacity grows to 2,950 MW, showing a compound average growth rate of 55 percent since March 2016.
	162	+
	163	+The plant will be connected to its Energy Network Operation Centre (ENOC) that continuously monitors and analyses performance of over 80 solar and wind plants across diverse locations in India, it added.
	164	+
	165	+AGEL has a total renewable capacity of 14,195 MW, including 11,245 MW awarded and under-implementation projects. It targets commissioning of a renewable capacity of 25 GW by 2025.
	166	+
	167	+
	168	+Vneet S Jaain, MD & CEO of AGEL, stated, "Adani Green is committed to creating a sustainable future through rapid project execution capability in line with the global best practices in the renewable energy sector."
	169	+
	170	+He added that the commencement of 100 MW solar power project in Khirsara, Kutchh, Gujarat is in line with the Adani Group's legacy of scale and speed, and is another significant step towards achieving its vision of 25 gigawatt (GW) renewable energy by 2025.
	171	+
	172	+AGEL, a Adani Group company, has a renewable portfolio of over 14 GW of operating, under-construction and awarded projects catering to investment-grade counterparties.
	173	+
	174	+The company develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects.
	175	+
	176	+
135	135	= References =
136	136
137	137	{{putFootnotes/}}