The operational capability of Adani Inexperienced elevated by 30 p.c throughout FY 25 with greater than 3.3 GW of latest capability getting added.
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AMIT DAVE
Focusing on a 5 gigawatt (GW) capability addition throughout FY26, Adani Inexperienced Power Ltd stated it expects to incur a capital expenditure of an estimated ₹31,000 crore for through the ongoing fiscal.
“Primarily based on the 5 GW of addition, we’re searching for within the present yr, we’re a capex of ₹31,000 crore for FY26. It is kind of absolutely funded by debt and fairness,” an organization official stated throughout a lately held earnings name for the fourth quarter outcomes.
Operational capability
The operational capability of Adani Inexperienced elevated by 30 p.c throughout FY 25 with greater than 3.3 GW of latest capability getting added. This consists of 2710 MW solar energy vegetation at Khavda (1,460 MW) in Gujarat, at Rajasthan (1,000 MW) and Andhra Pradesh (250 MW). The corporate additionally operationalised 599 MW wind energy vegetation at Khavda in Gujarat.
“The brand new capability additions are the very best ever by any renewable firm within the nation. We’ve got finished greater than double of what another developer has finished on this nation,” Ashish Khanna, CEO of the corporate stated through the earnings name.
“We’ve got operationalised greater than 4 GW of renewable energy in Khavda. We’re on monitor to finish 30 GW from Khavda by 2029,” he added concerning the renewable vitality initiatives in Kutch district of Gujarat.
On Wednesday, AGEL knowledgeable the inventory exchanges that Passion Funding Holdings Ltd — a part of its promoter group — has opted to train and convert 49,90,416 warrants into fairness shares of the corporate at a face worth of ₹10 every, infusing ₹499 crore into the corporate.
The corporate had allotted 6,31,43,677 convertible warrants to Passion on January 25, 2024, by the use of a preferential allotment on a personal placement foundation. The difficulty value of ₹1,480.75 per warrant, out of which ₹370.19 (25 per cent of the problem value) per warrant, was obtained because the preliminary subscription quantity on the time of allotment of the warrants.
“We want to inform you that out of the 6,31,43,677 convertible warrants allotted to Passion, Passion has now opted to train and convert 44,90,416 warrants that are convertible into 44,90,416 fairness shares of the Firm of face worth ₹10 every,” the corporate said including that the the promoter group shareholding within the firm stands elevated from 60.94 p.c to 61.05 per cent.
Revealed on April 30, 2025
