Adani Green Energy intends to establish a renewable energy capacity of 30 GW at the Khavda park within the next five years. The company has confirmed the commencement of energy generation from the world’s largest renewable energy park, with 551 MW of solar capacity now operational in Gujarat’s Khavda, supplying power to the national grid. Subsequently, Adani Green Energy’s stock surged by 3.57% to reach a peak of Rs 1,882 following the announcement.
The energy company aims to establish a renewable energy capacity of 30 GW at the Khavda park within the next five years. It emphasized that upon completion, the Khavda RE park will become the largest renewable energy installation globally, capable of powering 16.1 million homes annually. AGEL asserted its unique position to construct this groundbreaking gigascale plant, unparalleled in the world’s clean energy sector.
The solar PV developer highlighted that Adani Green Energy accomplished this milestone within 12 months of initiating work on the Khavda renewable energy park. This process included the development of essential infrastructure such as roads and connectivity, alongside the establishment of a self-sustaining social ecosystem.
The company highlighted the abundant wind and solar resources in the region, making it an ideal location for large-scale renewable energy development. Adani Green expressed its anticipation that the park will generate 81 billion units of clean electricity and create over 15,200 green jobs.
Adani Green also noted the transformation of the barren terrain of Rann of Kutch into a livable environment for its 8,000-strong workforce.
Gautam Adani, Chairman of the Adani Group, stated, “Adani Green Energy is establishing one of the world’s most extensive renewable energy ecosystems for solar and wind. Through bold and innovative projects like the Khavda RE plant, AGEL continues to set higher global benchmarks and redefine the world’s planning and execution standards for large-scale renewable energy projects. This milestone validates the Adani Group’s commitment and leadership in accelerating India’s transition to equitable clean energy, in line with its ambitious goals of achieving 500 GW of renewable energy capacity by 2030 and achieving carbon neutrality.”
