Adani Green Energy Limited Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Adani Green Energy Limited?

Adani Green Energy Limited (AGEL) is one of India's biggest renewable energy companies and part of the Adani Group. The company mainly generates power from renewable sources like solar and wind energy. Here is a simple overview of the products and services offered by AGEL:

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1- Solar Power Generation

AGEL is a top company in solar energy in India. It builds, owns, and runs large solar power plants, greatly boosting India's renewable energy supply.

• Operation and maintenance ensure continuous energy production from solar projects.  
• Off-grid solar solutions are provided for rural and remote areas without grid access.  
• Contribution to solar rooftop installations for commercial, industrial, and residential use.  
• Efforts promote decentralized power generation in various sectors.  

2- Wind Power Generation

AGEL is also working on wind power projects alongside solar energy.

• India is building onshore wind power farms, especially in states like Gujarat, Karnataka, and Tamil Nadu, which have strong wind energy potential.
• The company provides operation and maintenance (O&M) services for these wind projects to improve efficiency and ensure steady power production.
• AGEL uses wind turbines to turn wind energy into electricity, helping the country meet its renewable energy targets.

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3- Hybrid Power Generation (Wind-Solar Hybrid)

AGEL offers hybrid power projects that use both solar and wind energy. This approach makes the best use of renewable resources to produce electricity.

• DWind-solar hybrid projects use land and infrastructure efficiently by installing wind turbines and solar panels in the same area.
• These hybrid plants balance the ups and downs of wind and solar energy, offering a more stable and reliable power supply.

4- Renewable Energy Certificates (RECs)

AGEL creates and sells Renewable Energy Certificates (RECs). These are tradable energy products that show proof that one megawatt-hour (MWh) of electricity came from a renewable source.

• Companies that don't produce renewable energy can buy Renewable Energy Certificates (RECs) to fulfill their energy requirements and lower their carbon emissions.
• AGEL helps by supplying RECs to those aiming for sustainability.

5- Energy Storage Solutions

Solar power is only available during the day, and wind energy relies on wind conditions. To provide a steady and reliable energy supply, AGEL is looking into energy storage solutions.

• AGEL is developing and integrating battery energy storage systems (BESS) that store extra energy produced during peak renewable times.
• These systems release energy when demand is high, allowing AGEL to offer continuous renewable energy and help stabilize the grid.
• The company is also researching and working with technology partners on advanced energy storage solutions, such as lithium-ion batteries and hydrogen storage.

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6- Power Purchase Agreements (PPAs)

AGEL signs long-term Power Purchase Agreements (PPAs) with government agencies, utility companies, and private clients to provide renewable energy at set prices.

• These agreements ensure that utilities and industries receive solar and wind electricity.
• AGEL offers tailored Power Purchase Agreements (PPAs) for large companies that want to use renewable energy to meet their corporate social responsibility (CSR) and sustainability goals.
• These PPAs usually last for 25 years, providing customers with stable and predictable energy costs.

7- Sustainability and Carbon Footprint Reduction

AGEL is dedicated to sustainability. It provides services that help businesses lower their carbon footprints and switch to cleaner energy.

• Work with industries to reach carbon neutrality by using energy from renewable power plants.
• Create sustainability programs for businesses that want to reduce their carbon emissions by buying renewable energy from AGEL.

Q2. Who are the Promoters/Management of Adani Green Energy Limited?

The promoters of Adani Green Energy Limited include the Adani family and Total Energies. Vneet S. Jaain is the Managing Director and CEO of Adani Green Energy Limited. He worked with the Adani Group for nearly 15 years. He  has been responsible for the Group's energy and infrastructure strategy.

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