11-03-2024 02:20 PM | Source: Accord Fintech
Adani Green Energy rises on operationalizing cumulative capacity of 1,000 MW solar energy

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Adani Green Energy is currently trading at Rs. 1936.40, up by 5.90 points or 0.31% from its previous closing of Rs. 1930.50 on the BSE.

The scrip opened at Rs. 1929.00 and has touched a high and low of Rs. 1982.00 and Rs. 1903.85 respectively. So far 78394 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2016.00 on 27-Feb-2024 and a 52 week low of Rs. 619.60 on 08-Mar-2023.

Last one week high and low of the scrip stood at Rs. 1998.20 and Rs. 1894.75 respectively. The current market cap of the company is Rs. 306945.89 crore.

The promoters holding in the company stood at 56.37% while Institutions and Non-Institutions held 19.53% and 24.10% respectively.

Adani Green Energy (AGEL) has operationalized cumulative capacity of 1,000 MW solar energy at the world’s largest renewable energy (RE) park at Khavda, Gujarat. With this, AGEL has achieved operational capacity of 9,478 MW and continues its journey to the stated goal of 45,000 MW by 2030. AGEL delivered 1,000 MW in less than 12 months of commencing work at Khavda. 

This involved installing around 2.4 million solar modules. The accelerated progress underscores AGEL’s commitment to India’s goal of achieving 500 GW non-fossil fuel capacity by 2030. The world’s largest RE plant of 30 GW spans a staggering 538 sq km of barren land, five times the size of Paris. The project is expected to be completed in the next five years and will create over 15,200 green jobs.

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.