Archive · 1 Jan 2026
Adani Green Expands Renewable Energy Capacity in Gujarat
Adani Green Energy has started new power projects in Gujarat that can make 307.4 MW of electricity.
This is like adding more windmills and solar panels to their existing ones.
They now have a total of 17,237.2 MW of power from renewable sources.
They also made a new company called Adani Ecogen Four Limited to help with making and supplying electricity from wind, solar, or other clean sources.
Their stock price went up a little bit after this news.
Analysts are bullish on Adani Power's stock, with some predicting it could go up to Rs 168 in the near future.
Adani Green Energy operationalized 307.4 MW of renewable energy projects in Khavda, Gujarat.
The projects include a 126 MW hybrid project, a 75 MW solar project, and a 50 MW hybrid project.
The company's total operational renewable energy capacity increased to 17,237.2 MW.
Adani Renewable Energy Holding Eleven incorporated a new subsidiary, Adani Ecogen Four Limited (AE4L).
AE4L aims to generate and supply electricity using renewable energy sources.
- Who
- Adani Green Energy (AGEL) and its step-down subsidiaries
- What
- Operationalized 307.4 MW of renewable energy projects and incorporated a new subsidiary
- When
- Projects operationalized from January 1, 2026; subsidiary incorporated on December 30, 2025
- Where
- Khavda, Gujarat, India
- Why
- To expand renewable energy capacity and generate electricity using renewable sources
Bullish Analysts
Bearish Analysts
Stock Performance
Bullish Analysts
Analysts like Osho Krishan, AR Ramachandran, and Ravi Singh believe Adani Power's stock is bullish with strong support levels and potential upside to Rs 168.
Bearish Analysts
No opposing view mentioned in the articles.
- Project Capacity
- 307.4 MW
- Location
- Khavda, Gujarat
- Operational Date
- January 1, 2026
- Total Operational Capacity
- 17,237.2 MW
- Subsidiary Name
- Adani Ecogen Four Limited (AE4L)
- Authorized Capital
- Rs 1 lakh
- Share Price Change
- Up nearly 1% intraday, down 1% in 6 months, down 3% year-to-date
- Market Capitalization
- Rs 2,87,052.68 crore
- Target Price
- Rs 187 (Antique Stock Broking)
- Support Levels
- Rs 139-142
- Resistance Levels
- Rs 160 (short term), Rs 168 (near future)
- P/E Ratio
- 26.68/24.43 (standalone/consolidated)
- P/B Value
- 7.01
- EPS
- 5.58/6.09 (standalone/consolidated)
- RoE
- 26.26%
- Beta
- 1.33 (one-year)
- Promoter Stake
- 74.96%
