Who is the CEO of Adani Green?
- Answer Field
-
Mr Vneet S. Jaain is the CEO and MD of Adani Green.
BAJAJ BROKING
Emerging as a strong force, Adani Green Energy Limited is a key driver of India's renewable energy sector. A subsidiary of the Adani Group, AGEL is India's one of the largest renewable energy company, driving the nation's clean energy journey.
Up to March 2025, AGEL has reported a 30% year-on-year expansion in operational capacity to 14,243 MW, with the commissioning of an additional 1,000 MW nearing completion. This expansion comprises 10,105.5 MW of solar, 2,000 MW of wind, and 2,140 MW of hybrid capacities.
Meeting the country's decarbonisation ambitions and becoming a benchmark in the international clean energy industry.
[Source: Company Website, Economic Times]
Incorporated in 2015, Adani Green began its operations by acquiring and developing solar power assets, primarily in Gujarat and Rajasthan, states with high solar irradiance. The company initially focused on utility-scale solar projects and gradually diversified into wind and hybrid power. Supported by the Adani Group’s financial and infrastructure capabilities, AGEL expanded its project pipeline and operating portfolio rapidly.
Adani Green is focused on renewable energy, which is a fast-growing area in the global power industry. The sector involves high initial investment, long-term power contracts, and ongoing challenges related to regulations and connecting to the power grid.
In India, as the government targets to get to 450 GW of renewable capacity by 2030, it has led to strong support through tax breaks, auctions, and green energy projects.
[Source: Company Website]
From its foundation in 2015, Adani Green has pursued a clear mission of accelerating the country’s transition to clean energy. The company is developing, constructing, and operating solar, wind, and hybrid power projects all across India. Take a closer look:
Solar Power
Installed Capacity: 10,105.5 MW
Projects include Kamuthi (Tamil Nadu), Holenarsipura (Karnataka), and Khavda (Gujarat).
Wind Power
Installed Capacity: 1,877.8 MW
Wind farms are located in Tamil Nadu and Maharashtra. The electricity is sold to central/state government bodies and other entities.
Hybrid Projects
Installed Capacity: 2,259.6 MW
These combine solar and wind installations at the same site to increase efficiency and capacity utilisation.
[Source: Company Website]
Mission: To support India’s clean energy goals by providing dependable, low-cost, and sustainable renewable power.
Vision: Creating a world-class 50 GW portfolio of renewable assets by 2030 and setting global standards for scalable green energy solutions.
Adani Green has refinanced its first-ever construction loan, which played a key role in building the country’s largest solar-wind hybrid project in Rajasthan. The new financing spans 19 years and is designed to align with the project’s cash flows, thereby ensuring financial stability.
March 3, 2025
Adani Green Energy achieves a major milestone in its capital management journey.
February 28, 2025
Adani Green Energy surpasses 12,000 MW of renewable energy capacity, reinforcing its market leadership.
February 25, 2025
Adani Green Energy wins 1,250 MW energy storage capacity from UPPCL.
July 24, 2024
Adani Green Energy (AGEL) starts wind energy generation at its Khavda plant in Gujarat with an initial 250 MW. This boosts Khavda’s total capacity to 2,250 MW, including solar.
[Source: Company Website, MoneyControl]
Adani Green saw a 28% YoY increase to 27,969 million units.
Their revenue growth showed a 23% YoY increase, reaching ₹9,495 crore
There was a 22% YoY increase in the EBITDA Growth, which reached ₹8,818 crore
The company displayed an industry-leading EBITDA margin by achieving an EBITDA margin of 91.7%
There was a Cash Profit Surge, which grew by 22% YoY to ₹4,871 crore
On Monday, April 28, 2025, Adani Green Energy released its financial results for the January–March quarter of the 2024–25 fiscal year. The company reported a 24% increase in net profit, reaching ₹383 crore in the fourth quarter, up from ₹310 crore during the same period the previous year.
[Source: Company Listings, Business Standard]
Let’s now take a look at Adani Green share price performance. As on 22 May 2025, Adani Green share price was ₹984.95.
Adani Green share price saw a 52-week high of ₹2,174.10 and 52 52-week low of ₹758.00.
Market Capitalisation of Adani Green stock is ₹1,56,566 crore
[Source: Company Website, MoneyControl]
Strong alignment with national clean energy goals
Pipeline of hybrid and energy storage projects
Supportive policy environment and increasing investor interest in sustainable assets
[Source: Company Website]
Capital-intensive projects can pressure balance sheets
Potential delays from regulatory or execution hurdles
Market sentiment may be affected by broader group-level events
P/E Ratio, EPS, ROE, etc.
PE Ratio | 108.165 |
EPS (Earnings per share) - TTM | 9.12 |
MCap | ₹1,56,581 crore |
[Source: Economic Times]
As of March 2025, Adani Green’s promoters hold a majority stake with no pledged shares. FII holdings declined by 1.22% QoQ, while DII, including mutual funds, increased their holdings modestly. Other investors also slightly increased their share. The steady promoter stake and rising domestic interest reflect sustained confidence despite a dip in foreign institutional participation.
Name | P/E (X) | P/B (X) | ROE % | ROA % | REV CAGR (3YR) | OPM |
Adani Green | 111.23 | 7.12 | 11.89 | 1.29 | 30.25% | 67.68% |
NTPC Green Energy Ltd. | 190.24 | 5.26 | 2.57 | 1.04 | 0.00% | 64.01% |
ACME Solar Holdings Ltd. | 61.10 | 3.42 | 5.58 | 1.36 | 0.26% | 79.58% |
KPI Global Infra | 28.93 | 3.52 | 12.24 | 6.66 | 95.12% | 30.13% |
Ravindra Energy | 117.11 | 15.46 | -35.46 | -12.75 | -23.01% | 26.82% |
[Source; Economic Times]
AGEL has leadership in scale and project pipeline, whereas the competition concentrates on small segments or geographies. Adani Group infrastructure integration provides the company with strengths in land, logistics, and finance.
Adani Green Energy is well-positioned to benefit from India’s push toward clean energy. With over 12,000 MW of renewable capacity already in place and more projects in the pipeline, the company is aiming for global leadership in green energy. Its investments in hybrid power systems and large-scale energy storage are setting it up for long-term growth. Government support and rising interest from global investors in sustainable businesses are also working in its favour.
That said, the road ahead isn’t without hurdles. Renewable energy projects require a lot of capital, which can put pressure on finances. Delays in execution, land acquisition issues, or changes in government policies could slow progress.
Analysts generally view Adani Green with cautious optimism. Many are impressed by its scale and future plans, but concerns persist about its debt levels and high stock valuation. It’s seen as a company with strong potential, but not without risks, making it more suitable for long-term investors who can handle a bit of volatility.
To track Adani Greens' share price, visit their official website’s Investors section. While real-time prices aren't displayed, you can access financial reports and stock exchange communications for updates. For live share prices, refer to the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE) platforms.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Bajaj Broking Financial Services Ltd. (BFSL) makes no recommendations to buy or sell securities.
Share this article:
No result found
Mr Vneet S. Jaain is the CEO and MD of Adani Green.
Adani Green Energy Limited is a private company. It is a subsidiary of the Adani Group, a large and well-known conglomerate in India.
Adani Green is listed on both the National Stock Exchange of India and the Bombay Stock Exchange.
To buy shares of Adani Green, you first need to have a demat account. You can then buy the company shares on the BSE or the NSE.
The face value of Adani Green Energy Limited shares is ₹10.
Adani Green Energy has not announced any stock split since 2018.
The company’s official website is https://www.adanigreenenergy.com/. You can contact them by calling +91 79 2656 5555.
The company releases presentations on a regular basis that showcase strategic priorities, project development, and operational performance. Analyst meetings are also held to discuss the business and financial performance.
Currently, Adani Green is not part of the Nifty 50 index. However, it is included in the BSE 500 index.
Adani Green's business model involves developing, constructing, owning, operating, and maintaining utility-scale renewable energy plants, primarily solar and wind farms. They produce electricity and sell it to corporations and government institutions for extended periods.
Disclaimer :
The information on this website is provided on "AS IS" basis. Bajaj Broking (BFSL) does not warrant the accuracy of the information given herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or suitability for any particular purpose. While BFSL strives to ensure accuracy, it does not guarantee the completeness, reliability, or timeliness of the information. Users are advised to independently verify details and stay updated with any changes.
The information provided on this website is for general informational purposes only and is subject to change without prior notice. BFSL shall not be responsible for any consequences arising from reliance on the information provided herein and shall not be held responsible for all or any actions that may subsequently result in any loss, damage and or liability. Interest rates, fees, and charges etc., are revised from time to time, for the latest details please refer to our Pricing page.
Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by BFSL or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.
BFSL is acting as distributor for non-broking products/ services such as IPO, Mutual Fund, Insurance, PMS, and NPS. These are not Exchange Traded Products. For more details on risk factors, terms and conditions please read the sales brochure carefully before investing.
Investments in the securities market are subject to market risk, read all related documents carefully before investing. This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For more disclaimer, check here : https://www.bajajbroking.in/disclaimer
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading