Adani Green Energy Limited

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Date: January 29, 2024 To BSE Limited P J Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 541450 Dear Sir, The National Stock Exchange of Ind

72.6%

cubator Energy & Utility Transport & Logistics Materials, Metal & Mining Direct to consumer (72.6%) AEL (56.4%) AGEL Renewables (37.4%) ATGL2 Gas Discom (73.2%) AESL T&D (71.8%) APL IPP (65.

56.4%

y & Utility Transport & Logistics Materials, Metal & Mining Direct to consumer (72.6%) AEL (56.4%) AGEL Renewables (37.4%) ATGL2 Gas Discom (73.2%) AESL T&D (71.8%) APL IPP (65.9%) APSEZ Port

37.4%

Logistics Materials, Metal & Mining Direct to consumer (72.6%) AEL (56.4%) AGEL Renewables (37.4%) ATGL2 Gas Discom (73.2%) AESL T&D (71.8%) APL IPP (65.9%) APSEZ Ports & Logistics (100%) NQX

73.2%

l & Mining Direct to consumer (72.6%) AEL (56.4%) AGEL Renewables (37.4%) ATGL2 Gas Discom (73.2%) AESL T&D (71.8%) APL IPP (65.9%) APSEZ Ports & Logistics (100%) NQXT1 (100%) ANIL New Indust

71.8%

t to consumer (72.6%) AEL (56.4%) AGEL Renewables (37.4%) ATGL2 Gas Discom (73.2%) AESL T&D (71.8%) APL IPP (65.9%) APSEZ Ports & Logistics (100%) NQXT1 (100%) ANIL New Industries (50%) AdaniC

65.9%

.6%) AEL (56.4%) AGEL Renewables (37.4%) ATGL2 Gas Discom (73.2%) AESL T&D (71.8%) APL IPP (65.9%) APSEZ Ports & Logistics (100%) NQXT1 (100%) ANIL New Industries (50%) AdaniConneX3 Data Centre

100%

es (37.4%) ATGL2 Gas Discom (73.2%) AESL T&D (71.8%) APL IPP (65.9%) APSEZ Ports & Logistics (100%) NQXT1 (100%) ANIL New Industries (50%) AdaniConneX3 Data Centre (100%) AAHL Airports (100%) A

50%

T&D (71.8%) APL IPP (65.9%) APSEZ Ports & Logistics (100%) NQXT1 (100%) ANIL New Industries (50%) AdaniConneX3 Data Centre (100%) AAHL Airports (100%) ARTL Roads (63.2%) Cement4 (100%) Coppe

63.2%

00%) ANIL New Industries (50%) AdaniConneX3 Data Centre (100%) AAHL Airports (100%) ARTL Roads (63.2%) Cement4 (100%) Copper, Aluminum (100%) PVC (100%) Specialist Manufacturing5 (100%) Mining

44.0%

num (100%) PVC (100%) Specialist Manufacturing5 (100%) Mining Services & Commercial Mining (44.0%) AWL Food FMCG (64.7%) NDTV (100%) ADL Digital (%): Promoter equity stake in Adani Portfolio

64.7%

Specialist Manufacturing5 (100%) Mining Services & Commercial Mining (44.0%) AWL Food FMCG (64.7%) NDTV (100%) ADL Digital (%): Promoter equity stake in Adani Portfolio companies (%): AEL equit

“– Project Management & Assurance: Dedicated in-house execution team and 20,000+ vendor network ensuring effective and timely execution – Operational Excellence: Analytics driven O&M through ENOC for operational fleet leading to ~ 100% plant availability (solar) and reduced cost – 95% contracted portfolio with fixed tariff for 25 years and out of this ~90% comes from sovereign / sovereign equivalent rated counterparties, significantly reducing counterparty risk.”

Locked-in portfolio

1

Locked-in portfolio

20,844 MW AGEL - TotalEnergies 50:50 JV AGEL (100% Owned) AGE23L 2,353 MW Operational ARE9L Total – 1,050 MW Operational – 300 MW Under Execution – 750 MW Operational 5,825 MW Under Execution 11,616 MW 85% Sovereign Counterparties Counterparty Diversification 85% sovereign equivalent counterparties 2 10% consist of 14 different counterparties 5% merchant portfolio Long Term Contracted Portfolio 95% contracted portfolio 25-year fixed tariff PPAs Avg. Portfolio tariff: Rs. 2.97/unit 3 A sustainable business model backed by strong counterparty profile and long-term contracts 1. Shareholding by funds managed by GQG Partners 2. Includes 5% sovereign equivalent rated counterparties - Gujarat Urja Vikas Nigam Limited (GUVNL) and Adani Electricity Mumbai Limited (AEML) 3. Average tariff for total contracted portfolio Shareholding details as on December 31, 2023 | Above capacities are PPA capacities in MWAC 10 03 Adani Green Energy Limited (AGEL): Operational & Financial highlights Revenue EBIT