Adani Green Energy Ltd has outlined plans to invest around ₹15,000 crore to add more than 10 gigawatt-hours (GWh) of battery energy storage capacity in FY27, as per a PTI report. The details were shared during the company’s earnings call, indicating a higher allocation towards storage alongside renewable generation.
The planned capacity addition is indicative of a shift in project mix as demand patterns require supply beyond daylight hours.
The proposed 10 GWh capacity will be added to the nearly 3 GWh of storage the company expects to have operational shortly. During FY26, AGEL commissioned 1.4 GWh of battery storage capacity.
The scale of the upcoming addition is larger than previous installations and is expected to be executed within a single financial year.
The storage systems are being built alongside renewable assets at Khavda Renewable Energy Park in Gujarat. The site includes solar and hybrid capacity under development as part of a larger renewable park.
Battery systems at the location are intended to supply electricity during evening peak demand, when solar output reduces.
Company disclosures indicate that about 75% of the planned storage capacity is supported by 25-year fixed tariff power purchase agreements (PPAs).
These agreements are typically used to secure long-term supply commitments and provide visibility on tariffs over extended periods.
AGEL’s operational renewable portfolio stands at 19.3 gigawatts (GW). The capacity mix includes around 70% solar, 13% wind and 17% hybrid assets.
Electricity generation during FY26 was reported at 38 billion units, compared with 28 billion units in FY25, an increase of 34% year-on-year.
Grid-scale battery storage in India remains at an early stage, with projects under different phases of commissioning and integration. Policy support and tender activity have increased in recent years.
Higher renewable capacity and rising electricity demand have led to increased focus on managing peak load requirements.
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As of April 27, 2026, 12:57 pm, Adani Green Energy share price was trading at ₹1,237.50, up 0.14% from the previous closing price.
The planned storage addition indicates a move towards combining generation with storage to manage supply during peak demand periods and improve consistency in power delivery.
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Published on: Apr 27, 2026, 1:26 PM IST
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