Archive · 8 Jan 2026
Adani Green to Supply 20.8 MW Hybrid Power to Asahi India Glass
Adani Green Energy has signed an agreement to supply 20.8 MW of solar-wind hybrid power to Asahi India Glass.
The power will come from a 25 MW solar unit and a 20.8 MW wind unit located in Khavda, Gujarat.
Asahi India Glass will invest in the project to meet certain shareholding requirements.
Adani Green Energy's subsidiary will hold most of the equity, and Asahi India Glass will have a small share.
The deal is not considered a related-party transaction.
On the day of the announcement, Adani Green's shares were slightly down, while Asahi India Glass's shares were up.
Adani Green Energy to supply 20.8 MW hybrid power to Asahi India Glass
Power will come from 25 MW solar and 20.8 MW wind units in Khavda, Gujarat
Asahi India Glass to invest a minimum 26% equity in the project
Adani Green's subsidiary to hold 98.78% equity post-completion
Deal does not qualify as a related-party transaction
- Who
- Adani Green Energy and Asahi India Glass
- What
- Agreement to supply 20.8 MW hybrid power
- When
- January 7, 2026
- Where
- Khavda, Gujarat
- Why
- To meet captive power generation norms and supply renewable energy
- Power Supply
- 20.8 MW solar-wind hybrid power
- Location
- Khavda, Gujarat
- Project Capacity
- 25 MW solar + 20.8 MW wind
- Asahi India Glass Shareholding
- Minimum 26% equity
- AREH4L Shareholding
- 98.78% equity post-completion
- Adani Green Share Price
- ₹1,018.90 (down 0.05%)
- Asahi India Glass Share Price
- ₹999.20 (up 3.06%)
