In 2024-25, Adani Green's ebitda crossed one billion dollars, the renewable energy capacity rose by 30 percent to 14.2 GW
Ahmedabad, April 28 (IANS). Adani Green Energy Limited (Agel) announced financial results on Monday. He said she had crossed one billion dollars in FY 2024-25. During this time, the company remained the highest capacity for renewable energy in the country with a 30 percent increase. Its total capacity is 14.2 gigawatts. Adaani Group Company reported that the financial year 2024-25 recorded its 3.3 GW green field growth, which so far has been the largest growth by any renewable energy company in the country. The company contributed 16 percent to the growth of solar solar in the country and 14 percent to wind power installations across the country. According to the company, electricity sales rose 28 percent to 27,969 million units on an annual basis, which equals half of the annual power consumption of Singapore. The company’s turnover rose 23 percent to Rs 9,495 crore, while Ebitda rose by 22 percent to Rs 8.818 crore. The ebitda margin was therefore 91.7 percent, which is best in this industry. According to Sagar Adani, executive director of Adani Green Energy, “we play an important role in the growth of the country’s renewable energy, which is evidenced by our historic 3.3 Gigawatt Greenfield capacity growth in FY 2024-25.” Sagar Adani said: “We contributed 16 percent to the country’s utility scale solar energy and 14 percent in wind energy, which sets a new standard for fast, large-scale renewable energy deployment. And has carried out wind ability.” He said the company uses a 32.4 percent high solar power capacity. Sagar Adani said: “This underlines the high resource potential of the website by adopting advanced techniques such as Bifaic N-type module, horizontal single-Xis trackers (HSAT) and waterless robot cleaning system. “According to the company, its cash gain rose 22 percent to Rs 4.871 crore in FY 2024-25. Agel develops a large renewable 30 GW renewable power station at Khavda, Gujarat. It is spread over an area of 538 square kilometers, which is about five times the French capital Paris. -Ians Ekd/DSC