Adani Green Energy Limited (AGEL) is an Indian renewable energy company and a part of the Adani Group. It is primarily involved in the generation and development of renewable energy, including solar and wind power. The company is one of the largest players in the renewable energy sector in India and is committed to contributing to the nation's goal of achieving net-zero emissions by 2070.
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Overview
Adani Green Energy Limited was founded in 2015 as part of the Adani Group's expansion into the renewable energy sector. The company focuses on the generation of electricity through solar and wind energy, aiming to accelerate the transition to sustainable energy sources in India. With a large portfolio of projects under development and operation, AGEL plays a pivotal role in meeting India's renewable energy targets.
Operations and Projects
AGEL operates a wide array of renewable energy projects, including large-scale solar and wind farms across various regions of India. The company has established itself as a leader in the renewable energy space with significant installations across the country. AGEL has developed several of India's largest solar power plants and wind projects, helping to increase India's renewable energy capacity.
Some notable projects include:
Rewa Ultra Mega Solar Park : One of the largest solar parks in India, located in Madhya Pradesh.
Kamuthi Solar Power Project : One of the largest solar plants in the world, situated in Tamil Nadu.
Wind Power Projects : AGEL has several wind power projects across India, contributing significantly to the country's wind energy capacity.
Sustainability and Goals
AGEL is committed to India’s clean energy transition and environmental sustainability. The company aims to achieve 25 GW of renewable energy capacity by 2025, contributing to India's target of reaching 175 GW of renewable energy capacity by 2022. AGEL's long-term goal is to become one of the world's largest renewable energy companies, contributing to global efforts to combat climate change.
Financials
Adani Green Energy Limited is publicly listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). It is one of the top renewable energy companies in India by market capitalization. AGEL has received substantial investments from global investors and financial institutions, reflecting the growing confidence in India's renewable energy sector.
Corporate Social Responsibility (CSR)
In line with its sustainability goals, AGEL actively engages in CSR initiatives, focusing on rural development, education, healthcare, and environmental conservation. The company emphasizes its commitment to creating positive social impact through its renewable energy projects and community programs.
Part of Adani Group
As a subsidiary of the Adani Group, AGEL benefits from the Group’s financial strength and business acumen. The Adani Group is one of India’s largest and most diversified business conglomerates, with interests in various sectors, including energy, infrastructure, logistics, and agriculture.
See Also
Adani Group
Renewable Energy in India
Solar Power in India
Wind Power in India
External Links
References
(References to sources, news articles, and official reports on AGEL's operations, market activities, and sustainability efforts)
Related Questions
1. What is Adani Green Energy Limited (AGEL)?
Adani Green Energy Limited (AGEL) is an Indian renewable energy company that is part of the Adani Group. It focuses on the generation and development of renewable energy, particularly through solar and wind power projects.
2. When was Adani Green Energy Limited (AGEL) founded?
AGEL was founded in 2015 as part of the Adani Group's expansion into the renewable energy sector.
3. What kind of renewable energy projects does AGEL focus on?
AGEL focuses on large-scale solar and wind energy projects across India. The company is involved in both the generation and development of renewable energy, contributing to India's clean energy transition.
4. What is AGEL's renewable energy capacity goal?
AGEL aims to achieve 25 GW of renewable energy capacity by 2025. This goal aligns with India's broader target of achieving 175 GW of renewable energy capacity by 2022 and 500 GW by 2030.
5. Is AGEL listed on the stock exchange?
Yes, Adani Green Energy Limited is publicly listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
i6. What is AGEL’s long-term goal?
AGEL aims to become one of the world’s largest renewable energy companies and contribute significantly to global efforts in reducing carbon emissions and combating climate change.
7. Does AGEL have any corporate social responsibility (CSR) initiatives?
Yes, AGEL engages in several CSR activities, focusing on rural development, education, healthcare, and environmental conservation. The company emphasizes creating positive social impact through its renewable energy projects.
