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Investment case

Strengths powering resilience and long-term value

Our competitive edge and success stem from multiple strengths and enablers that we have established.

We continue to nurture them through our foresight and unrelenting drive for excellence to ensure sustained value creation and transformative impact for years to come.

Strengths that make us an attractive investment case

Developmental and execution excellence

Operational excellence

Capital management philosophy

ESG

Strong sponsorship

Strength Pillar 1

Development and Execution Excellence

  • Resource availability: Strategic sites of 2,50,000 acres for solar and wind plant development and 5+ GW for PSP development backed by comprehensive geotechnical studies, fully prepared evacuation infrastructure, and meticulously crafted design work & resource analysis
  • Project Management, Execution and Assurance through AIIL: Large team of skilled professionals having specialised knowledge and hands-on experience and 20,000+ vendor network ensuring effective and timely execution
  • Robust operational capacity, achieving a CAGR of 41% in the past five years and on track to achieve the target of 50 GW by 2030
Strength Pillar 2

Operational Excellence

  • Analytics-driven O&M approach, anchored by a state-of-the-art ENOC through AIMSL, ensuring 100% plant availability (solar) and consistent CUF improvement and cost reduction
  • Industry-leading EBITDA margins of 92% backed by operational excellence
Strength Pillar 3

Capital Management Philosophy

  • Fully funded growth ensured through a Revolving Construction Framework of USD 3.4 billion and equity infusion of USD 1.5 billion through JV with TotalEnergies and equity infusion by promoters
  • Growth risk delinked from credit performance with ring-fenced structures
Strength Pillar 4

ESG

  • Ranked 1st in the RE Sector in Asia and amongst the Top 5 in the RE Sector globally by ISS ESG
  • Apart from driving decarbonisation of the grid, focussed on Water positivity, Single Use Plastic (SUP) Free, Zero Waste to Landfill & No net loss of Biodiversity
Strength Pillar 5

Strong Sponsorship

  • Strong pedigree of the Adani Group with leadership in infrastructure – energy & utility and transport & logistics sectors
  • Diversified equity base of high-quality stakeholders
  • Supply chain reliability with backward integration of solar and wind manufacturing at the portfolio level