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Adani Green Energy Ltd (AGEL), a subsidiary of Adani Group, is a renewable energy company. It constructs, operates and maintains hybrid power projects, utility-scale grid-connected solar power plants, wind plants, and solar parks. The company utilizes radio frequency identification and GPS technology for asset tracking and inventory control. It also developing VR-based training modules for safe plant maintenance. AGEL's electricity generated supplied to central and state government entities and government corporations. It has operation in Australia, Vietnam, Singapore and the US. AGEL is headquartered in Ahmedabad, Gujarat, India.
Adani Green Energy Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Electricity | Construction |
Operation and Maintenance Services | |
Commissioning Solutions |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Financing Agreements | In May, the company secured US$400 million in financing from a consortium of five international banks for its 750 MW solar projects in Rajasthan and Gujarat. |
2024 | Contracts/Agreements | In May, the company signed a memorandum of understanding with the Indian Institute of Technology Bombay to develop an ecosystem for advancement in renewable energy technologies and augment product innovation. |
2024 | Contracts/Agreements | In May, the company signed a 20-year power purchase agreement with Sri Lanka to build wind power stations in Mannar and Poonerin, Sri Lanka. |
Competitor Comparison
Key Parameters | Adani Green Energy Ltd | Tata Power Co Ltd | Reliance Infrastructure Ltd | PTC India Ltd | GVK Power and Infrastructure Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Ahmedabad | Mumbai | Mumbai | New Delhi | Secunderabad |
State/Province | Gujarat | Maharashtra | Maharashtra | Delhi | Telangana |
No. of Employees | 2,912 | 3,071 | 5,056 | 104 | 2,065 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Gautam Adani | Chairman | Executive Board | 2015 | 59 |
Sagar R Adani | Director | Executive Board | 2018 | 28 |
Vneet S Jaain | Chief Executive Officer; Managing Director | Senior Management | 2020 | 51 |
Kaushal Shah | Chief Financial Officer | Senior Management | 2021 | - |
Pragnesh Darji | Compliance Officer; Secretary | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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