Adani Green Energy Limited reported its highest-ever annual greenfield renewable energy capacity addition in FY26, commissioning 5.1 GW of new capacity and strengthening its position as India’s largest renewable energy company.
The company’s operational capacity grew 35% year-on-year to 19.3 GW during the financial year ended March 31, 2026, compared to 14.2 GW in FY25, driven by large-scale project execution across key renewable energy sites in Gujarat and Rajasthan.
Adani Green reported a 22% rise in revenue from power supply to ₹11,602 crore in FY26, while core EBITDA increased 23% year-on-year to ₹10,865 crore. The company maintained an industry-leading EBITDA margin of 91%, with cash profit rising 11% to ₹5,399 crore.
Energy sales rose 34% year-on-year to 37,567 million units, supported by robust plant performance and newly commissioned renewable assets.
The company said its 5,051 MW capacity addition in FY26 was 1.5 times higher than the 3.3 GW added in FY25, making it one of the largest annual greenfield renewable capacity expansions globally outside China.
Of the total additions, 3,412 MW came from solar projects, including 2,974 MW at its flagship Khavda renewable energy project in Gujarat and 438 MW in Rajasthan. The company also commissioned 683 MW of wind capacity and 956 MW of solar-wind hybrid capacity at Khavda.
Adani Green also operationalised 1,376 MWh of battery energy storage system (BESS) capacity at Khavda, one of the world’s largest single-location battery deployments, with plans to scale the storage portfolio beyond 10,000 MWh by FY27.
Sagar Adani said FY26 marked a major milestone for the company, highlighting the expansion of its renewable portfolio and continued progress at the Khavda project, which is being developed as the world’s largest renewable energy plant with a planned 30 GW capacity by 2029.
The Khavda project currently has 9.4 GW of operational solar, wind, and hybrid capacity and spans 538 sq. km, making it one of the world’s largest renewable energy clusters.
On the sustainability front, Adani Green secured a CareEdge ESG 1+ rating with a score of 87.3, the highest in India, while Japan Credit Rating Agency assigned the company an inaugural BBB+/Stable rating, equivalent to India’s sovereign rating.
The company said its 19,294 MW operational portfolio is capable of powering more than 8.7 million homes and avoiding nearly 36 million tonnes of carbon dioxide emissions annually, reinforcing its role in India’s energy transition and decarbonisation efforts.
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