Adani Green Energy Gains as Subsidiaries Sign Pacts to Supply 60 MW Solar-Wind Hybrid Power

Mumbai, October 31 (Udaipur Kiran): Shares of Adani Green Energy rose nearly 1% on Thursday after the company announced that its stepdown subsidiaries had signed agreements to supply 60 MW of solar-wind hybrid power to a commercial and industrial (C&I) customer.

Adani Green Energy

At 11:00 AM, the stock was trading at Rs. 1,149.00, up 0.87% from its previous close of Rs. 1,139.10 on the BSE. The scrip opened at Rs. 1,145.00 and touched an intraday high of Rs. 1,159.00 and a low of Rs. 1,125.05. Around 5.59 lakh shares were traded on the counter so far.

The company’s market capitalization currently stands at Rs. 1,88,881.69 crore. The stock has a 52-week high of Rs. 1,733.85 (November 6, 2024) and a 52-week low of Rs. 758.00 (March 3, 2025). Over the past week, it has traded between Rs. 1,159.00 and Rs. 999.00.

According to the company, its wholly-owned stepdown subsidiaries — Adani Solar Energy Jodhpur Six and Adani Renewable Energy Forty One — have entered into Power Consumption Agreements and Tripartite Agreements to supply 60 MW of hybrid renewable power.

The power will be sourced from a 50 MW solar power plant at Baap, Rajasthan, and a 52 MW wind power plant at Khavda, Gujarat. The agreements were executed on October 30, 2025.

Adani Green Energy Limited (AGEL) develops, owns, and operates large-scale renewable energy projects across India, primarily focused on solar and wind power generation.

Adani Green Energy Gains as Subsidiaries Sign Pacts to Supply 60 MW Solar-Wind Hybrid Power

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