Adani Green Energy Limited (AGEL) announced the operationalisation of a 50 MW solar power project at Khavda, Gujarat, through its wholly owned step-down subsidiary, Adani Hybrid Energy Jaisalmer Five Limited (AHEJa5L).
With the commissioning of the project, AGEL further expanded its renewable energy portfolio, while Adani Group stocks traded lower during Monday's session.
Adani Hybrid Energy Jaisalmer Five Limited (AHEJa5L), a wholly owned step-down subsidiary of Adani Green Energy Limited, has operationalised a 50 MW solar power project in Khavda, Gujarat.
Following the commissioning of the project, AGEL's total operational renewable energy generation capacity has increased to 19,835.8 MW, while its total operational Battery Energy Storage System (BESS) capacity stands at 3,366 MWh.
The company stated that, after receiving the necessary regulatory clearances, it decided at 11:50 AM on June 1, 2026, to operationalise the plant and commence power generation from the same date.
Despite the renewable energy capacity addition, Adani Group stocks witnessed selling pressure during Monday's trading session.
Among the listed entities, Adani Total Gas emerged as the biggest loser, with Adani Total Gas share price falling around 5.12% to close at ₹733 per share on the BSE. Adani Power was the second-biggest laggard, with Adani Power share price declining around 4.31% to ₹233 per share.
Other Adani Group companies, including Adani Enterprises, Adani Green Energy, and Adani Energy Solutions, also closed the day in negative territory.
The decline in Adani Group stocks came despite billionaire Gautam Adani's comments regarding the group's legal challenges in the United States.
According to a PTI report, Gautam Adani stated that the group has moved past its US legal issues and is accelerating investments across energy, transportation, logistics, and digital infrastructure. He also highlighted the growing opportunities arising from artificial intelligence-driven demand, which is expected to boost investments in infrastructure and energy.
While Adani Group stocks witnessed selling pressure during the session, the group's overall market presence remains strong. In 2026 alone, Adani Group companies have added nearly ₹5 lakh crore in market capitalisation, taking the combined valuation close to ₹20 lakh crore and placing Adani Power, Adani Ports, and Adani Enterprises among India's top 20 listed companies by market value.
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Published on: Jun 1, 2026, 4:10 PM IST
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