Adani Green Expands Renewable Footprint with 250 MW Solar Project in Rajasthan Amid Legal Scrutiny – EQ
In Short : Adani Green Energy Ltd (AGEL) has commissioned a 250 MW solar power project in Rajasthan’s Jodhpur district, increasing its total operational renewable capacity to 11,434 MW. This aligns with AGEL’s expansion efforts, including a 1,150 MW joint venture with TotalEnergies. Meanwhile, the company faces U.S. bribery allegations, which it has denied.
In Detail : Adani Green Energy Limited (AGEL) has successfully commissioned a 250 MW solar power project in Rajasthan, further solidifying its position as one of India’s largest renewable energy companies. The project is located in Badi Sid village in the Jodhpur district and was developed by AGEL’s step-down subsidiary, Adani Green Energy Twenty Five Limited. With this addition, AGEL’s total operational renewable energy capacity has now reached 11,434 MW, strengthening its contribution to India’s clean energy transition.
This milestone aligns with AGEL’s broader expansion strategy, which aims to accelerate India’s shift toward sustainable energy. In September 2024, the company partnered with TotalEnergies to establish a 50:50 joint venture for a 1,150 MW solar project in Khavda, Gujarat. TotalEnergies invested $444 million in equity for this initiative, further demonstrating confidence in AGEL’s long-term growth and project execution capabilities. The company has been consistently scaling its renewable portfolio, with a mix of solar, wind, and hybrid power projects.
Earlier in April 2024, AGEL achieved a major milestone by surpassing 10,000 MW in its operational renewable energy portfolio. At that time, its capacity included 7,393 MW of solar power, 1,401 MW of wind power, and 2,140 MW of hybrid wind-solar projects. This steady growth aligns with India’s goal of achieving 500 GW of non-fossil fuel capacity by 2030, as part of its commitment to combating climate change. Adani Green’s rapid project execution and operational scale-up make it a key player in India’s renewable energy sector.
Despite these achievements, AGEL and its parent company, the Adani Group, have recently faced legal scrutiny. In November 2024, U.S. prosecutors indicted Gautam Adani and his nephew Sagar Adani over allegations of a $265 million bribery scheme related to their solar energy business. The charges claim that the company engaged in illicit financial practices to secure solar energy contracts, raising concerns about governance and compliance. The case has attracted international attention, given Adani Group’s significant role in global infrastructure and energy sectors.
The Adani Group has strongly denied these allegations, calling them baseless and politically motivated. It has stated that it will pursue legal action to challenge the charges and defend its reputation. The company maintains that its renewable energy projects have been developed in compliance with regulatory standards and that it remains committed to transparency and ethical business practices. Meanwhile, AGEL continues its operations and expansion, focusing on meeting India’s ambitious renewable energy targets.
Despite the legal controversy, AGEL’s expansion in Rajasthan and other regions highlights its commitment to scaling up green energy solutions. The company’s aggressive growth strategy, coupled with strategic global partnerships, positions it as a key player in India’s renewable energy transition. As the demand for clean energy rises, AGEL is expected to continue developing large-scale solar and wind projects, playing a crucial role in India’s journey toward sustainability.
