Adani Green Energy shares in focus after firm flags off 150 MW solar power project in Gujarat

Adani Green Energy (AGEL) share price is set to be in focus of the stock market investors on Monday, June 29, after the renewable energy company operationalised its 150 megawatt (MW) solar power project at Khavda, Gujarat, according to an exchange filing.

In the NSE filing, the company also said that with the 150 MW capacity operationalisation to its existing capacity, Adani Green Energy’s total operational renewable generation capacity hit 19,985.8 MW or nearly 20 gigawatts (GW).

The firm also disclosed that the total operational Battery Energy Storage Systems (BESS) capacity of the company was at 3,366 megawatt hours (MWh), as per the latest filing.

Adani Green Energy said that the power-generating operations have started from Sunday, June 28, 2026.

What is Adani Green’s renewable energy target?

Sagar Adani, the executive director of Adani Green Energy at the London Climate Action Week, said that the company has a renewable energy capacity target of 50 GW by the year 2030, with the help of its power plant in Khavda, Gujarat.

The company aims to leverage the full potential of renewable energy by pairing with storage technologies such as Battery Energy Storage Systems (BESS) and Pumped Storage Projects (PSPs).

“We are bringing this vision to life as we advance towards 50 GW of renewable energy capacity by 2030, led by the world’s largest renewable energy plant at Khavda, Gujarat, where clean energy is being integrated with large-scale storage,” said Sagar Adani as per the official statement.

The company plans to move towards faster electrification with the aim of delivering reliable, affordable and round-the-clock clean power to its users.

How have Adani Green shares performed?

Adani Green Energy shares closed 0.05% higher at ₹1,526.10 after Thursday’s trading session last week, compared to ₹1,525.40 at the previous market close, according to NSE data.

The company announced its operational update on Sunday, while the Indian stock markets remained closed for operations on Friday, due to a scheduled market holiday on June 26, 2026.

Shares of Adani Green have given more than 30% returns on their investments in the last five years, over 57% returns in the last three years, and more than 53% gains over the past one-year period, as per NSE data.

On a year-to-date basis, the company’s stock has risen 48% in the calendar year 2026, while the shares have gained 4.7% in the past one month. The company’s stock were trading 1.5% higher in the last five market sessions.

The exchange data also showed that shares surged to their 52-week high of ₹1,557 on June 23, 2026, while the 52-week low was at ₹765 on January 23, 2026. The company’s market capitalisation (m-cap) was at over ₹2.51 lakh crore as of the stock market close on Thursday, June 25, 2026.

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