How it started
History
The company was incorporated on 23 January 2016, as Adani Green Energy Limited under the Companies Act 2013.
During the initial days of existence, AGEL and Inox Wind together established a 20 MW capacity wind power project in Lahori, Madhya Pradesh. Also, AGEL bought Inox Wind's 50 MW wind power project at Dayapar village in Kutch. The project was conceived by the latter when it won a Solar Energy Corporation of India's capacity bids for wind power projects connected to the National Grid.
In 2015–2016, Adani Renewable Energy Park Limited, a subsidiary of AGEL, signed a joint venture agreement with the Government of Rajasthan.
In 2017, the company took the complete control of overall solar energy portfolio of Adani Enterprises and got itself listed at National Stock Exchange of India and Bombay Stock Exchange.
In 2022, Adani Green Energy Limited had a market cap of Rs. 3,26,635.42 crore.
From Wikipedia’s article on Adani Green Energy, shared under CC BY-SA 4.0.2