AGEL: The Renewable Energy Wing of the Adani Group:
Adani Green Energy Limited, which is
the renewable energy wing of the Adani Group, is responsible for taking on
various renewable energy projects both in India and across the globe. AGEL
currently holds the position of being India's largest and the world's leading
renewable energy solutions provider. The company has been working relentlessly
towards making a transition to green energy in the entire world. AGEL owns,
develops, and operates utility-scale grid-connected wind, solar, and hybrid
renewable power plants in different corners of India and abroad. The company
currently has a locked-in growth trajectory of around 20.4 GW. It also has a renewable operating portfolio of
around 8.4 GW, which is increasing with
each passing day. This renewable energy portfolio is the largest in India and
is spread across 12 Indian states.
The renewable energy capacity has
been operating over 41
million tonnes of CO2 emissions on a yearly
basis. AGEL has developed numerous landmark renewable energy power plants, the
latest being the largest wind-solar hybrid power cluster in Jaisalmer,
Rajasthan. This power plant has a total capacity of 2,140 MW. The company has
also set an ambitious target of reaching a capacity of 45 GW by 2030. It has
taken up multiple advanced projects in the renewability sector after the Adani SEBI probe.
These projects will help India in reaching its renewable energy goals. It will
reduce the rate at which the climatic conditions have been changing. The
increased dependence on renewable energy sources will prevent the exhaustive
resources from getting depleted. The pollution levels will also come down
drastically.
The Increased Focus on Technology:
AGEL currently focuses on leveraging
technology to reduce the cost of energy by enabling large-scale adoption of
affordable clean energy. This will ensure that the overall energy cost is
reduced drastically and that renewable energy can also be availed at a lower
cost. AGEL's operating portfolio is certified water-positive for all those
plants that have over 200 MW capacity. It is also regarded as single-use,
plastic-free, and zero waste-to-landfill. This shows the company's commitment
to sustainable growth. The solar panels that are installed at the solar power
plants are built with highly advanced technology. This ensures maximum
efficiency and minimum wastage.
The Largest Renewable Energy Park:
The Adani Group is currently working
on building the largest renewable energy park in the country. The renewable
energy park at Khavda, Gujarat, is also the largest renewable energy park in
the world. The renewable energy park is built using highly advanced forms of
technology, and it will help India achieve its renewable energy goals. The
plant is so large that it is visible even from space. It has been constructed in
the arid Kutch region of Gujarat and will be capable of supplying power to
over 16.1
million households. The project will also create a lot
of job opportunities in the country. With the plant being operational, 58
million tons of CO2 emissions can be avoided. The plant is expected to make an
annual contribution of 30 GW which aligns with Adani Group’s goal of reaching
500 GW renewable energy capacity by 2030. Recently, right after the Supreme
Court dismissed the Adani SEBI
probe, the Adani Group operationalised the plant's 448.95 MW capacity. This makes the current operational capacity
1,000 MW.
Conclusion:
In this way, the Adani Group plans
to make massive investments in our country's renewable energy sector. This will
not only offer our country enormous growth and prosperity but will also
encourage other countries of the world to make similar transitions in the
upcoming months.
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