Gautam Adani Group to invest ₹9,350Cr in Adani Green Energy Ltd (AGEL)

The Adani family's decision to invest ₹9,350 crore in Adani Green Energy Ltd (AGEL) has been making headlines, reflecting a significant push towards achieving a sustainable future. This investment is not just a financial move but a bold statement in the world of green energy. Latest News Update As per recent reports, the Adani family, led by billionaire Gautam Adani, has committed to injecting a massive sum of ₹9,350 crore into AGEL. This move aims to help the green energy arm reach an ambitious target of 45 GW by 2030 Current Market Position As of the latest updates, Adani Green Energy's stock stands at ₹1,595.00, with a minor fluctuation observed recently​​. Investors and market analysts are keeping a keen eye on how this investment will influence the company's stock and overall market performance. Adani Green Energy: A Renewable Energy Powerhouse AGEL's board has approved a preferential issuance of warrants to the company's promoters, amounting to ₹9,350 crore at ₹1,480.75 per share. This strategic move comes at a time when AGEL's shares have seen a significant rise, jumping over 5% to ₹1,617 on the Bombay Stock Exchange (BSE). AGEL's journey has been remarkable, securing its position as the second-largest global solar PV developer. This achievement is a testament to AGEL's commitment to the renewable energy landscape, having developed an impressive total solar capacity of 18.1 GW. This includes operational, under-construction, and awarded (PPA-contracted) projects. AGEL stands out as the only Asian player in the global large-scale solar PV developer ranking, further solidifying its global impact​