Adani Green Energy Limited

Sagar Adani

Executive Director – Adani Green Energy Limited

Ashish Khanna

Chief Executive Officer – Adani Green Energy Limited

Saurabh Shah

Chief Financial Officer – Adani Green Energy Limited

Vijil Jain

Head of Investor Relations – Adani Green Energy Limited

Aayush Gulati

Standard Chartered Bank

rs,

y's event and while efforts are made to provide accurate transcription, there may be material errors, omissions, or inaccuracies in the reporting of the substance of the event. The transcript has been e

55 gigawatt

share in electricity generation and also achieved a record non-fossil capacity addition of over 55 gigawatt. With this, India has achieved around 283 gigawatt of non-fossil capacity which is installed, and

283 gigawatt

d a record non-fossil capacity addition of over 55 gigawatt. With this, India has achieved around 283 gigawatt of non-fossil capacity which is installed, and the country is well poised to achieve 500 gigawa

500 gigawatt

3 gigawatt of non-fossil capacity which is installed, and the country is well poised to achieve 500 gigawatt goal by 2030. At Adani Green Energy, we are proud to be leading the country's energy transition

34%

unparalleled execution capability and sector leadership. Our energy sales surged by an impressive 34% on a Y-o-Year basis, reaching 37.6 billion units. To put this into the right

37.6 billion

d sector leadership. Our energy sales surged by an impressive 34% on a Y-o-Year basis, reaching 37.6 billion units. To put this into the right context, this is nearly the annual energy con

5.1 gigawatt

strong operating performance at each and every plant of Adani Green. During this year, we added 5.1 gigawatt, which is 35% on a Y-o-Y growth, and the cumulative capacity now stood at 19.3 gigawatt, which is

35%

ormance at each and every plant of Adani Green. During this year, we added 5.1 gigawatt, which is 35% on a Y-o-Y growth, and the cumulative capacity now stood at 19.3 gigawatt, which is our operating

19.3 gigawatt

, we added 5.1 gigawatt, which is 35% on a Y-o-Y growth, and the cumulative capacity now stood at 19.3 gigawatt, which is our operating portfolio. This is the highest greenfield annual capacity extension globa

50 gigawatt

ur leadership position in India's renewable energy sector, putting us firmly on course to achieve 50 gigawatt by 2030. Notably, our landmark Khavda project, the world's largest renewable energy installatio

9.4 gigawatt

ld's largest renewable energy installation, continues to make a considerable progress with around 9.4 gigawatt of solar, wind, and hybrid assets already in operations, including our group capacities. Within

1.4 gigawatt

brid assets already in operations, including our group capacities. Within Khavda, we also added 1.4 gigawatt hour of battery capacity. This is one of the world's largest single-location battery energy stora

“Notably, our landmark Khavda project, the world's largest renewable energy installation, continues to make a considerable progress with around 9.4 gigawatt of solar, wind, and hybrid assets already in operations, including our group capacities.”

“This is one of the world's largest single-location battery energy storage project.”

“With pump hydro storage projects, we are also making noteworthy progress and are slated to complete our maiden 500 megawatt project at Chitravathi in Andhra Pradesh in this fiscal year.”

“We at Adani Green Energy are committed to continue with our similar level of greenfield capacity additions going forward and are constantly strengthening our organizational and partnership ecosystem to achieve the goal of 50 gigawatt by 2030.”

“Just wanted to check on the capex targets for FY27, specifically regarding the greenfield capacity plans of AGEL and also around the plans around the battery capacity in Khavda.”

“But as we see the current evacuations which are slated to come in this fiscal year, we feel this will be optimum to be aligned with the evacuation which is available from a solar, wind, and hybrid perspective.”

Moderator

5

Ashish Khanna

3

Aayush Gulati

2

Aayush Gulati

Thank you, Steve. Good morning and good evening, everyone, depending on which part of the world you are in today. I am Aayush Gulati on behalf of Standard Chartered Bank. I welcome you all to this FY26 earnings call. The management will initially share their remarks followed by a Q&A session. With us today we have Mr. Sagar Adani, Executive Director; Mr. Ashish Khanna, CEO; Mr. Saurabh Shah, CFO; and Mr. Vijil Jain, Head of Investor Relations. With this, I would like to hand over to Mr. Sagar Adani for his introductory remarks. Mr. Sagar, over to you.

Ashish Khanna

Hi, this is Ashish. So, Ayush, thanks for that. Good afternoon and good evening to everyone. Globally, energy security is the defining priority for most economics. India has made a strategic pivot in this direction, which is evidenced in the scale and speed of the green electrons production in the country. In the fiscal year '26, the country witnessed highest ever renewable energy share in electricity generation and also achieved a record non-fossil capacity addition of over 55 gigawatt. With this, India has achieved around 283 gigawatt of non-fossil capacity which is installed, and the country is well poised to achieve 500 gigawatt goal by 2030. At Adani Green Energy, we are proud to be leading the country's energy transition. Our robust operational and financial performance for the fiscal year 2026 demonstrates our unparalleled execution capability and sector leadership. Our energy sales surged by an impressive 34% on a Y-o-Year basis, reaching 37.6 billion units. To put this into th