Adani Green Energy Limited (AGEL) intends to build the largest renewable energy plant in the world when its 30 GW project in Khavda, India, is finished. It is anticipated that the project will prevent 58 million tons of CO2 emissions yearly and produce 81 billion units of electricity annually.
A massive plan to build a 30 GW renewable energy facility in Khavda, India, is being developed by Adani Green Energy Limited (AGEL). At completion, the project is predicted to produce an astounding ~81 billion units of electricity yearly, which is enough to power 16.1 million homes and prevent an astounding 58 million tonnes of CO2 emissions annually. It is poised to become the largest project in the world. In order to increase its overall portfolio to a formidable 20,844 MW, AGEL intends to increase its operating portfolio to 9,029 MW. On February 14, the company declared that it will be revealing more information soon about how this green giant will change the energy environment in India.
In the Khavda RE park, the business has also operationalized 551 MW of solar capacity, making it the second-largest solar photovoltaic (PV) facility in the world at the moment.
We are happy to announce that Adani Green has turned on 551 MW of solar electricity, the initial capacity of the largest renewable energy project in the world. This milestone in Khavda, Kutch, is a testament to our shared dream of sustainability and marks the beginning of our path towards a 30 GW green energy plant. It emphasizes how important India is to the world’s transition to green energy. The Adani Group Chairperson, Gautam Adani, wrote in a post X, “Jai Hind.”
Adani Green’s stocks were up 2.31% at ₹1859 on February 14 at 1:15 p.m. on the BSE.
The announcement went on to say that this achievement was made in just 12 months after project work started.
“AGEL is breaking worldwide records and rewriting the rules for the development and execution of giga-scale renewable energy projects with audacious and inventive projects like the Khavda RE plant. According to the news release, Adani said, “This milestone is a validation of the Adani Group’s commitment and leading role in accelerating India’s equitable clean energy transition journey towards its ambitious goals of 500 GW of renewable energy capacity by 2030 and carbon neutrality.”
In the next five years, the Khavda RE park is expected to achieve 30 GW of capacity, making it the largest renewable energy project in the world. The firm also stated in the official announcement that this expansion will take use of the region’s remarkable wind and solar resources in addition to AGEL’s creative solutions and strong supply chain network.
AGEL asserted that it had turned the difficult terrain of the Rann of Kutch into a prosperous center for 8,000 people.