Adani Green Energy Ltd (AGEL) is one of India’s leading renewable power companies and a flagship firm under the Adani Group. It focuses on developing, owning, and operating large-scale solar and wind projects across India. As the world transitions toward cleaner energy, Adani Green plays a crucial role in reducing carbon emissions and supporting India’s renewable goals.
This article dives into the company’s business model, recent financials, and detailed share price predictions for 2026, 2027, 2028, 2030, 2040, and 2050 – providing investors with insights into its growth potential and long-term outlook.
Table of Contents
Company Overview
| Metric | Details |
|---|---|
| Company Name | Adani Green Energy Ltd |
| Industry | Renewable Energy (Solar & Wind) |
| Parent Group | Adani Group |
| Founded | 2015 |
| Headquarters | Ahmedabad, Gujarat |
| Market Cap | ₹3.5+ Lakh Crore (approx) |
| NSE Symbol | ADANIGREEN |
Adani Green has established itself as one of the world’s largest renewable power developers, operating utility-scale solar and wind projects across India. The company also has strategic global tie-ups and is expanding into hybrid renewable solutions and battery storage technologies.
Business Segments
1. Solar Power Generation
Adani Green is among India’s largest solar power producers, with multiple operational projects across Rajasthan, Gujarat, and Karnataka.
2. Wind Power Projects
The company operates several wind farms across India, leveraging advanced turbine technologies to ensure efficient energy output.
3. Hybrid Renewable Projects
AGEL is focusing on combining solar and wind power generation with battery storage, ensuring a consistent and reliable energy supply.
4. International Expansion
Adani Green has entered international markets with strategic investments and partnerships aimed at building renewable infrastructure across Asia and the Middle East.
Financial Performance (Last 5 Years)
| Year | Revenue (₹ Cr) | Net Profit (₹ Cr) | EPS (₹) |
|---|---|---|---|
| 2020 | 2,058 | 218 | 1.5 |
| 2021 | 3,124 | 210 | 1.3 |
| 2022 | 5,133 | 489 | 2.5 |
| 2023 | 8,633 | 974 | 4.8 |
| 2024 | 9,000+* | 1,200+* | — |
(Source: Screener.in / Company Reports)
Adani Green’s revenue and profit have shown exponential growth in the past five years, driven by capacity additions, operational efficiency, and strong project pipelines. Its long-term PPAs with state and central agencies ensure steady revenue inflows.
Growth Drivers
- Rising global and domestic demand for renewable energy.
- Strong government support for green energy investments.
- Expansion into hybrid and battery storage projects.
- Access to international funding and partnerships.
- Backing of the Adani Group’s robust infrastructure ecosystem.
Risks & Challenges
- High capital expenditure and debt requirements.
- Fluctuations in renewable energy tariffs.
- Land acquisition and regulatory hurdles.
- Dependence on government policies and renewable incentives.
Adani Green Share Price Target
| Year | Bear Case | Base Case | Bull Case |
|---|---|---|---|
| 2026 | ₹1,200 | ₹1,500 | ₹1,800 |
| 2027 | ₹1,400 | ₹1,700 | ₹2,000 |
| 2028 | ₹1,600 | ₹1,900 | ₹2,300 |
| 2030 | ₹2,000 | ₹2,500 | ₹3,200 |
| 2040 | ₹3,500 | ₹5,000 | ₹6,800 |
| 2050 | ₹5,000 | ₹7,000 | ₹9,500 |
Disclaimer: These projections are based on estimated growth rates, profitability trends, and market expansion potential. They are educational and not financial advice.
Year-wise Detailed Analysis
Adani Green Share Price Target 2026
By 2026, Adani Green is expected to continue adding capacity through new solar and wind projects. With India’s renewable demand increasing, the share could reach ₹1,500 in the base case and ₹1,800 in a bullish market. Strong policy support and lower borrowing costs will drive near-term growth.
Adani Green Share Price Target 2027
In 2027, continued expansion in hybrid projects and energy storage could strengthen earnings. Assuming steady execution, the stock may trade around ₹1,700 in the base case and up to ₹2,000 in the bull scenario. Long-term PPAs will ensure predictable cash flows.
Adani Green Share Price Target 2028
By 2028, Adani Green’s capacity additions and integration of storage technologies could significantly improve operational efficiency. The stock may trade between ₹1,900–₹2,300, reflecting its leadership in renewable capacity.
Adani Green Share Price Target 2030
By 2030, Adani Green is expected to dominate India’s renewable market, with a diversified solar, wind, and hybrid portfolio. The share could reach ₹2,500 under the base case and touch ₹3,200 if global expansion and profitability strengthen.
Adani Green Share Price Target 2040
In 2040, the company could emerge as a global renewable powerhouse, driven by strong international operations and technological innovation. The share may trade between ₹5,000–₹6,800 if it maintains consistent project delivery and margins.
Adani Green Share Price Target 2050
By 2050, Adani Green could become a world leader in clean energy with extensive solar, wind, and storage assets. Assuming successful execution of global projects and a strong ESG profile, the share might trade between ₹7,000 and ₹9,500, representing long-term value creation for investors.
Future Outlook
Adani Green Energy Ltd is well-positioned to capitalise on the global shift toward clean energy. Its strong project pipeline, renewable capacity growth, and strategic international partnerships indicate robust long-term potential. Backed by the Adani Group’s financial strength and India’s green energy vision, Adani Green is likely to remain a leading name in sustainable power generation through 2050.
FAQs
What is Adani Green’s main business?
Adani Green Energy Ltd develops, owns, and operates solar, wind, and hybrid renewable power projects.
Is Adani Green a good long-term investment?
With India’s renewable sector growing rapidly, Adani Green offers strong long-term potential, though investors should monitor its debt and execution risks.
What is the Adani Green share price target for 2030?
The share price is projected to range between ₹2,000 – ₹3,200 by 2030.
What are the main risks for Adani Green investors?
High capital costs, policy dependence, and project execution risks.
Does Adani Green pay dividends?
Dividend payments are infrequent as the company reinvests profits into new projects.
Conclusion
Adani Green Energy Ltd has rapidly grown into one of the world’s most valuable renewable companies. With strong fundamentals, visionary leadership, and a clear focus on sustainability, it is poised for continued success in the global energy transition. However, investors should balance optimism with caution and evaluate financial and regulatory risks before investing.
