RENEWABLE ENERGY

Adani Green says on track to have 25 gw capacity by 2025

Adani Green Energy has said that it is on track to achieve its target to have 25 gigawatts of renewable energy capacity by 2025 through organic and inorganic growth.

The Gautam Adani-led company currently has 14 gw of projects that are operational, awarded and under implementation. Adani Green reported consolidated net profit of Rs 21.75 crore in the June quarter, as against a loss of Rs 97.44 crore in the same quarter a year ago. The company reported a 30 per cent year-on-year increase in total income at Rs 878 crore in the first quarter of 2020-21.

“We have commissioned a 50 megawatts solar plant in Rawra, in Rajasthan in this (April-June) quarter; with this our operational capacity is 2,595 mw.

Source
ET Energy World
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