Adani Green Energy crossed $100 billion in market cap on Tuesday, becoming the first Indian renewable energy company to achieve the milestone and one of only five clean energy firms globally at that valuation. The crossing was driven by capacity addition announcements, an operational portfolio reaching 12 GW of solar and wind, and inclusion in multiple international ESG indices. Adani Green commands a premium valuation reflecting confidence in its 45 GW target by 2030.
Group Chairman Gautam Adani called it a validation of the mission to lead India clean energy transition and power 100 million homes. The company recently signed PPAs with three state DISCOMs for a combined 6 GW of solar and hybrid power. With Rs 65,000 crore capex planned for FY2026-27 and a 22 GW cumulative capacity target by end of 2026, Adani Green is positioning itself as a global leader in utility-scale renewable energy development.