Electric Utilities company Adani Green Energy announced FY23 results: AGEL adds a massive 2,676 MW renewable capacity to its operational fleet in FY23 Operationalized 2,140 MW solar-wind hybrid plants in Rajasthan, India’s first and world’s largest solar-wind hybrid cluster Revenue from Power Supply increases by 54% YoY to Rs 5,825 crore Cash profit increases by 72% YoY to Rs 3,192 crore Run-rate EBITDA stands at a strong Rs 7,505 crore “Our business model has demonstrated remarkable resilience as evidenced by our strong financial performance,” said Gautam Adani, Chairman, Adani Group.“We are leaders in the green energy space and have consistently set new industry standards in efficiency, performance and capacity development. We are expediting the transition to sustainable energy and playing a pivotal role in fulfilling India’s obligations to a greener future.” “We have added massive greenfield capacity of 2,676 MW renewable assets this year. This feat is attributed to the relentless efforts of our teams,” said Vneet S Jaain, MD & CEO, Adani Green Energy “AGEL's operational capacity has grown at a CAGR of 33% over the last five years, outpacing overall renewable capacity growth at ~ 15% CAGR in India in the same period. De-risked project development, analytics driven O&M;, disciplined capital management and a strong governance framework continue to be the backbone of our sustained growth. We are proud that we have been able to lead the way towards large-scale renewable adoption in India helping the country move closer to its Sustainable Development Goals.” Result PDF