AGEL’s Q2 & H1 FY22 Results Out: Power Supply Revenue Increased by 48% YoY

Adani to Build 3 Giga Factories As Part of $70 Billion Green Investment

Adani Green Energy Ltd. (AGEL), a part of the Adani Group, announced the financial results for the quarter and half year ended September 30, 2021.


The company’s operational capacity increased to 5,410 MW (4,763 MW solar and 647 MW wind) as of September 30, 2021, a 93% growth from 2,800 MW in September last year.

AGEL’s Revenue from Power Supply increased by 48% YoY to Rs. 1,682 cr in H1 FY22 and Cash Profit increased by 45% to Rs. 859 cr in H1 FY22.


AGEL’s overall renewable portfolio increases to 20,284 MW mainly on account of completion of acquisition of SB Energy’s India Renewable portfolio of 4,954 MW, which includes 1,700 MW operational assets.


AGEL was awarded 450 MW Wind project from SECI in Oct 2021.

The company has signed its first set of PPAs for 867 MW with SECI in Sep/ Oct 2021 under Letter of Award received for manufacturing linked solar projects of 8 GW.

Also Read  Godrej Secures EPC Projects Worth Rs 20 Billion, Including 20 MW Solar Plant Order in West Bengal

AGEL’s sale of Energy increased by 54% to 3,954 mn units in H1 FY22 and Solar CUF improves by 50 bps YoY to 23.2% and Wind CUF improves by 710 bps YoY to 40.7% in H1 FY22, said the company statement.

Revenue from Power Supply increased by 48% YoY to Rs. 1,682 Cr in H1 FY22

EBITDA from Power Supply up by 50% YoY to Rs. 1,577 cr with 150 bps improvement in EBITDA margin to 93.1% in H1 FY22.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.