Adani Green Energy Ltd is set to invest about Rs 15,000 crore to add more than 10 gigawatt-hours (GWh) of battery energy storage capacity in the current financial year.
The move comes as the company pivots towards delivering reliable, dispatchable clean power amid India’s accelerating energy transition. The addition will be over and above the roughly 3 GWh of installed storage capacity the company expects to reach shortly, following the commissioning of 1.4 GWh during FY26, Adani Green Energy said during its earnings call.
The batteries are being developed alongside renewable generation at Khavda in Gujarat, where AGEL is building what it describes as the world’s largest renewable energy park.
Adani Green reported higher revenue and earnings for Q4 and full year ended March 2026. It was supported by capacity additions and improved operational performance. Revenue from power supply rose 16% year-on-year to 30.94 billion rupees ($371 million) in the January–March quarter, while full-year revenue increased 22% to 116.02 billion rupees.
“We are in the process of very significantly ramping up our capacity addition for batteries which we expect to commission north of 10 GWh, in this fiscal. In FY26 we added 1.4 GWh and we hope that in the next few days we should reach the mark of 3 GWh of installed capacity in Khavda,” Executive Director Sagar Adani said.
Company’s Earnings before interest, tax, depreciation and amortisation (EBITDA) from power supply rose 20% to 29.44 billion rupees in the quarter and 23% to 108.65 billion rupees for the full year.
Cash profit rose 21% year-on-year to 14.94 billion rupees in the quarter and 11% to 53.99 billion rupees for the full year, indicating steady cash generation. Adani Green Energy Ltd said its operational capacity rose 35% year-on-year to 19.3 GW.
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