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In FY26, the company added over 5 GW of greenfield renewable capacity, the highest annual addition globally by any company outside China, it said. This has taken AGEL’s total operational portfolio to 19.3 GW, reinforcing its leadership in India’s renewable energy sector.
The management indicated that the company retains the capability and financial flexibility to scale up to 7-8 GW annually. However, it is moderating the pace of additions to better align with transmission infrastructure and grid availability. AGEL reiterated that its long-term target of reaching 50 GW capacity by 2030 remains intact.
The company’s Khavda renewable energy project in Gujarat, which has around 9.4 GW of operational wind, solar, and hybrid capacity, continues to drive its growth.
Alongside generation, the company is stepping up investments in energy storage, including Battery Energy Storage Systems (BESS) and pumped storage projects (PSPs) to enhance reliability and address renewable intermittency.
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