27-03-2024 09:40 AM | Source: Accord Fintech
Adani Green Energy surges as its arm operationalizes 180 MW of solar power project at Devikot

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Adani Green Energy is currently trading at Rs. 1888.80, up by 30.45 points or 1.64% from its previous closing of Rs. 1858.35 on the BSE.

The scrip opened at Rs. 1879.95 and has touched a high and low of Rs. 1890.30 and Rs. 1870.00 respectively. So far 1381 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. 796.00 on 05-Apr-2023.

Last one week high and low of the scrip stood at Rs. 1938.40 and Rs. 1832.75 respectively. The current market cap of the company is Rs. 294368.68 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’s (AGEL) Wholly-owned stepdown subsidiary-- Adani Solar Energy RJ Two has operationalized 180 MW of solar power project at Devikot in Jaisalmer, Rajasthan.
With operationalization of this plant, AGEL’s total operational renewable generation capacity has increased to 9,784 MW, in its journey of 45 GW capacity by 2030. Based on the relevant clearances, it was decided on March 27, 2024 to operationalize the plant and commence power generation from March 27, 2024. 

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