Adani Green Energy Limited
Integrated Annual Report 2024-25
Strength with Resilience
Portfolio Overview
Corporate Overview
Strategic Review
Environment, Social and Governance
Statutory Reports
Financial Statements
50 GW of renewable energy capacity by 2030
Key highlights for FY 2024-25
Strength in speed and scale of execution
Unlocking new speeds in execution
The 30 GW Khavda RE project: A global benchmark for scale, speed and transformation
Building energy storage for faster RE integration in the grid
Operational excellence through Energy Network Operation Centre (ENOC)
Well-secured growth path to 50 GW with higher returns and stable cashflows
The Adani portfolio of companies
Empowering the nation, sustaining the planet
Empowering every Indian, every step forward
Message from the Chariman
Message from the Managing Director and Chief Executive Officer
About Adani Green Energy Limited
Investment Case
Business Model
Stakeholder Engagement
Material Matters
Risks and Opportunities
Key Performance Indicators
Operational Performance Review
ESG Approach
Environment
Social - Our People
Social - Health and Safety
Social - Responsible Supply Chain
Social - Community Development
Governance - Human Rights
Governance - Corporate Governance Practices
Governance – Data privacy and cybersecurity
Governance - Board of Directors
Global Tax and Other Contributions
Corporate Information
Director's Report
Management Discussion & Analysis
Corporate Governance Report
Business Responsibility and Sustainability Report
Assurance Statement
Standalone Financials
Consolidated Financials
Notice
2024-25
Integrated Annual Report
DOWNLOAD REPORT
Investor Relations
adanigreenenergy.com
×
Strength with Resilience
50 GW of renewable energy capacity by 2030
Key highlights for FY 2024-25
Strength in speed and scale of execution
Unlocking new speeds in execution
The 30 GW Khavda RE project: A global benchmark for scale, speed and transformation
Building energy storage for faster RE integration in the grid
Operational excellence through Energy Network Operation Centre (ENOC)
Well-secured growth path to 50 GW with higher returns and stable cashflows
Portfolio Overview
The Adani portfolio of companies
Empowering the nation, sustaining the planet
Empowering every Indian, every step forward
Corporate Overview
Message from the Chariman
Message from the Managing Director and Chief Executive Officer
About Adani Green Energy Limited
Investment Case
Strategic Review
Business Model
Stakeholder Engagement
Material Matters
Risks and Opportunities
Key Performance Indicators
Operational Performance Review
Environment, Social and Governance
ESG Approach
Environment
Social - Our People
Social - Health and Safety
Social - Responsible Supply Chain
Social - Community Development
Governance - Human Rights
Governance - Corporate Governance Practices
Governance – Data privacy and cybersecurity
Governance - Board of Directors
Global Tax and Other Contributions
Corporate Information
Statutory Reports
Director's Report
Management Discussion & Analysis
Corporate Governance Report
Business Responsibility and Sustainability Report
Assurance Statement
Financial Statements
Standalone Financials
Consolidated Financials
Notice
Business model
Value creation model
Input
Financial capital
Enhanced equity and debt funding pools through disciplined and differentiated capital management approach
₹8,877 crore in cash and cash equivalents
Manufactured Capital
14.2 GW operational portfolio (10.1 solar, 2.0 wind and 2.1 hybrid)
Presence in 12 resource-rich states
Expertise in developing GW scale renewable energy projects
Intellectual Capital
Centralised cloud-based platform Energy Network Operation Centre (ENOC)
Analytics-driven O&M with AI-based technology and real-time data availability
Human Capital
4,107 Total employees
100% of employees trained through 2,287 training programmes
₹128 crore spent on total employee benefits
Social and Relationship Capital
Strategic partnerships with TotalEnergies, a multi-energy company
₹31.48 crore CSR spending
2,907 suppliers
Natural Capital
5,46,218.16 KL water saved through robotic cleaning
Our Business and Operating Model
Outputs
27,969 million units
Power generated
20.33 mtCO
2
e
Emissions avoided
Outcomes
Financial capital
₹9,495 crore revenue from power supply
Industry-leading EBITDA margin of 91.7%
₹4,871 crore cash profit
5.1x net debt to run-rate EBITDA
Manufactured Capital
3.3 GW new capacity added
14.2 locked-in portfolio, 16 GW under execution
Consistent high CUF of 24.8% for Solar, 27.2% for Wind and 39.5% for Solar-wind Hybrid
~2.5 Lakh acres of extensive land banks, secured for future growth
Intellectual Capital
Continuous monitoring of pan-India assets, leading to consistent high plant availability
Improved operational performance, seamless information flow and decision-making
Human Capital
₹9 crore revenue per employee
0.04 Lost Time Injury Frequency Rate (LTIFR)
40,83,860 continuous safe person-hours
Social and Relationship Capital
2,21,641 lives touched through social programmes
10.62% marginal and vulnerable beneficiaries
100% critical and important manufacturing suppliers evaluated on ESG parameters
Natural Capital
99.8% less operational emission intensity per unit of generation as compared to the Indian grid average
99.6% less freshwater consumption for operations per unit of generation as compared to the statutory limit for thermal power
100% operating capacity Water Positive
Zero Waste to Landfill and SUP free operations
Investment case
Stakeholder engagement