Adani Green to Invest $3.6 Billion for 5 GW Renewable Energy Expansion in FY26 – EQ
In Short : Adani Green Energy Ltd plans to invest $3.64 billion in FY26 to add 5 GW of clean energy, a 50% rise from the previous year. The move supports its goal of 50 GW capacity by 2030. Despite legal scrutiny of key executives, the company asserts compliance and continues building India’s largest renewable energy park in Gujarat.
In Detail : Adani Green Energy Ltd (AGEL) has announced a capital expenditure of $3.64 billion (₹310 billion) for fiscal year 2026 to add 5 gigawatts (GW) of clean energy capacity. This marks a significant 50% increase from its renewable energy additions in the previous year, reflecting the company’s growing commitment to accelerating India’s green energy transition.
The planned addition of 5 GW is part of AGEL’s larger strategic target of achieving 50 GW of renewable energy capacity by 2030. Currently, the company operates around 14.2 GW of clean energy projects across India, positioning itself as a major player in the country’s renewable energy landscape.
A key part of AGEL’s expansion involves the development of a massive renewable energy park in Gujarat. Once fully operational, this park is expected to contribute approximately 10% of India’s total clean energy capacity by 2030, making it a cornerstone of the country’s decarbonization efforts.
Despite facing recent legal challenges involving its founder Gautam Adani and senior leadership, AGEL has stated that these issues are directed at individuals and not the company. The firm has emphasized that an internal review found no evidence of any corporate wrongdoing or non-compliance with legal standards.
CEO Ashish Khanna reaffirmed AGEL’s unwavering focus on growth and financial stability. He stated that the company remains committed to its clean energy targets and will continue to attract long-term investors and partners who share its vision for a sustainable future.
AGEL’s continued expansion aligns with India’s national ambitions to become a global leader in renewable energy. Through significant infrastructure investment, the company is helping meet rising energy demands sustainably, while also contributing to economic development and environmental goals.
