Adani Green Adds Record 5.1 GW, EBITDA Jumps 23% in FY26

Ahmedabad | Gujarat — India’s clean energy push received a major boost as Adani Green Energy Limited announced record-breaking financial and operational performance for FY26, delivering its highest-ever greenfield capacity addition and reinforcing its leadership in the renewable energy sector.

The company added a massive 5.1 GW of greenfield renewable capacity during the year—1.5 times higher than the previous year—while expanding its operational portfolio by 35% year-on-year to 19.3 GW. The performance drove a 23% increase in core EBITDA to ₹10,865 crore, underlining strong project execution and operational efficiency.

Calling FY26 a “landmark year,” Executive Director Sagar Adani said the company’s rapid expansion reflects its growing role in India’s energy transition.

“This milestone not only consolidates our leadership in India’s renewable energy sector but also places us in a different orbit of execution excellence,” he said.

Strong Financial Performance Across Key Metrics

Adani Green reported robust growth across its financial indicators. Energy sales jumped 34% year-on-year to 37,567 million units, while revenue from power supply rose 22% to ₹11,602 crore. The company also maintained an industry-leading EBITDA margin of 91%, highlighting strong cost efficiency and plant performance.

Cash profit climbed 11% to ₹5,399 crore, supported by commissioning new projects in resource-rich regions and the deployment of advanced renewable technologies.

Khavda Mega Project Drives Expansion

A major driver of growth has been the company’s flagship renewable energy park at Khavda, which is being developed as the world’s largest renewable energy plant. Spread over 538 square kilometres—almost five times the size of Paris—the project is progressing rapidly.

The operational capacity at Khavda alone has reached 9.4 GW, including solar, wind and hybrid energy installations. The company aims to scale the project to 30 GW by 2029, setting a global benchmark for ultra-large renewable energy infrastructure.

Advanced technologies such as bifacial solar modules, robotic panel cleaning and high-capacity wind turbines are being deployed to maximise output while minimising water usage and operational costs.

Big Push in Battery Storage and Future Capacity

Adani Green also made significant progress in battery energy storage systems (BESS), installing 1.4 GWh capacity during FY26—one of the world’s largest single-location deployments. The company is targeting more than 10,000 MWh storage capacity by FY27 to strengthen grid stability and renewable integration.

The company’s renewable portfolio is now capable of powering more than 8.7 million homes while avoiding approximately 36 million tonnes of carbon emissions annually.

Global Recognition and ESG Leadership

The company’s sustainability efforts have received global recognition. It secured the highest ESG score in India from CareEdge ESG and earned an inaugural BBB+/Stable rating from the Japan Credit Rating Agency, equivalent to India’s sovereign rating.

Sagar Adani emphasised that the company remains committed to building a “resilient and future-ready energy ecosystem” while targeting 50 GW renewable capacity by 2030.

With record capacity additions, strong financial growth and global recognition, Adani Green’s FY26 performance signals accelerating momentum in India’s transition toward affordable and sustainable clean energy.