Adani Green, ReNew and Adani Power push clean energy expansion
By Newscript News Network
August 21, 2025
Adani Green Energy shares closed at ₹977.20, supported by bullish technical signals. The firm announced a tie-up with Google to supply power from its Khavda hybrid project, due in Q3 2025.
Adani Power has sought shareholder approval for a 1:5 stock split and is targeting capacity growth from 18,150 MW to 30,670 MW by 2030.
Meanwhile, ReNew Power has hired JM Financial and Goldman Sachs for an India IPO and Nasdaq delisting, aiming for a 25 GW renewable portfolio by 2027. The company also signed a 437.6 MW green attribute sale deal with Microsoft, channeling $15 million into community projects.