Adani Green Energy rises as its arm commissions 130 MW Wind Power Plant at Kutchh
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Adani Green Energy is currently trading at Rs. 974.00, up by 3.20 points or 0.33% from its previous closing of Rs. 970.80 on the BSE.
The scrip opened at Rs. 975.30 and has touched a high and low of Rs. 982.15 and Rs. 962.85 respectively. So far 69212 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2574.05 on 23-Aug-2022 and a 52 week low of Rs. 439.35 on 28-Feb-2023.
Last one week high and low of the scrip stood at Rs. 1038.95 and Rs. 929.45 respectively. The current market cap of the company is Rs. 153413.55 crore.
The promoters holding in the company stood at 57.26%, while Institutions and Non-Institutions held 18.57% and 24.16% respectively.
Adani Green Energy’s (AGEL) subsidiary -- Adani Wind Energy Kutchh Five has commissioned 130 MW Wind Power Plant at Kutchh in Gujarat. The plant has a 25 year Power Purchase Agreement (PPA) of 130 MW with Solar Energy Corporation of India (SECI) at Rs 2.83/kWh.
With the successful commissioning of this plant, AGEL’s operational wind generation capacity has increased to 1,101 MW and the total operational renewable generation capacity has increased to 8,216 MW. This places AGEL’s total renewable portfolio well on track to reach its vision of 45 GW capacity by 2030.
The newly commissioned plant will be managed by the Adani Group’s intelligent ‘Energy Network Oeration Centre’ (ENOC) platform, which has continuously demonstrated and aided AGEL in achieving superior operational performance of its entire renewable portfolio spread across diverse locations in India.
Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.
