Adani Green Energy Limited — Important, 30-06-2025: Updates

Adani Green Energy has announced a board meeting to consider the financial results for the quarter and half-year. Its renewable operating capacity rose 30% to 14.24 GW with greenfield additions of 3,309 MW, including 2,710 MW solar and 599 MW wind projects. Energy sales grew 28% to 27,969 million units with a steady 5-year CAGR of 45%, supported by increasing merchant power share. The company refinanced a USD 1.06 Bn loan with a 19-year tenor aligned with PPAs and signed a 5 GW PPA with MSEDCL for 25 years. RG1 portfolio’s solar projects (930 MW) delivered generation above P90 targets and maintained strong credit metrics with DSCR at 2.18x and FFO/Net Debt at 18.89%. Receivables were largely current with tight ageing and no defaults. Progressive ESG achievements include 20.33 Mn tons CO2 emissions avoided and attaining water-positive status a year ahead of target.