Adani Green Energy Share Price in Focus as Company Secures 1,250 MW Energy Deal

Market Performance

Adani Green Energy's share price remained in the spotlight on Thursday following significant developments announced post-market hours. The stock closed at ₹952.70 on the BSE, recording a 1.06% increase on Wednesday, ahead of important news related to a strategic power purchase agreement.

Significant Development: Power Purchase Agreement with UP Power Corporation

Adani Green Energy Ltd has made headlines after announcing a crucial deal with Uttar Pradesh Power Corporation Limited (UPPCL). The agreement involves a massive energy supply commitment through Pumped Hydro Storage Projects.

Highlights of the Deal:

• Executed by: Adani Hydro Energy Five Limited (a wholly owned subsidiary of Adani Green Energy Ltd)
• Agreement Date: April 23, 2024
• Capacity Involved: 1,250 MW of energy storage
• Purpose: Long-term power purchase for sustainable energy storage solutions in Uttar Pradesh

This partnership strategically boosts renewable energy infrastructure and reinforces Adani Green's position in the green energy sector.

Company Updates: Q4 Financial Results in Focus

In addition to the power deal, the Adani Green Energy share price remains under investor watch due to the upcoming financial disclosures for Q4 and FY2025.

Important Dates and Details:

• Board Meeting Date: April 28, 2025
• Purpose: To approve Audited Financial Results (Standalone and Consolidated) for the quarter and year ending March 31, 2025
• Trading Window: Will reopen 48 hours after results are announced

Depending on the financial performance metrics released, this scheduled announcement could significantly influence the Adani Green Energy share price.

Summary

Adani Green Energy Ltd has captured investor attention through two key developments:

1. A 1,250 MW power purchase agreement with UPPCL, reinforcing its renewable energy footprint.
2. The announcement of the upcoming Q4 and FY25 results is expected on April 28, 2025.

These updates bolster Adani Green's growth trajectory and keep the Adani Green Energy share price in sharp market focus. As investors await financial results, the company's strategic moves in green energy continue to make headlines.