Company balances rapid expansion with grid readiness while strengthening energy storage plans.

Adani Green Eyes ₹42,000 Cr Capex in FY27 to Add 5 GW Clean Energy.

Adani Green Energy Limited (AGEL) plans to invest around ₹42,000 crore in capital expenditure in FY27 to add nearly 5 GW of renewable energy capacity, Executive Director Sagar Adani said during the company’s latest earnings call. In FY26, AGEL added over 5 GW of greenfield renewable capacity, marking the highest annual addition globally outside China. This expansion has taken the company’s total operational portfolio to 19.3 GW, consolidating its leadership in India’s clean energy sector. Management noted that while AGEL can scale additions to 7–8 GW annually, it is currently moderating growth to align with transmission infrastructure and grid availability. The company reaffirmed its 50 GW capacity target by 2030. A key growth driver remains the Khavda renewable energy park project, with about 9.4 GW of operational wind, solar and hybrid capacity. Alongside generation, AGEL is ramping up investments in battery energy storage systems and pumped storage projects to improve reliability and manage renewable intermittency.