Adani Green posts 43% on-year increase in operational capacity in Q1FY24 to 8,316 MW

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Adani Green Energy on Thursday said that its operational capacity in the first quarter of FY24 increased by 43 per cent on-year to 8,316 MW, with the addition of 1,750 MW solar–wind Hybrid, 212 MW solar and 554 MW wind power plants. In a regulatory filing, the company said that its sale of energy increased by 70 per cent on-year at 6,023 million units during the quarter backed by robust capacity addition as against 3,550 million units in Q1FY23. 

The solar portfolio Capacity Utilization Factor (CUF) was at 26.9 per cent with 40 bps improvement YoY backed by 99.7 per cent plant availability. The sale of solar Energy  increased by 6 per cent to 2,925 million units on the back of 212 MW capacity addition in Rajasthan. The improved CUF performance was backed by consistent high plant availability and improved solar irradiation, it said. 

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