Adani Green generates Rs 26.55 bn profit in first 9 months of FY22

04 Feb 2022 CW Team

Adani Green Energy Limited (AGEL), a venture of Adani Group, has generated Rs 26.55 billion as profit from the power distribution in the first nine months (9M) of the financial year (FY) 2022.

It is a 56% boost compared to Rs 24.74 billion against last year.

In FY22, the cash profit of the firm stood at Rs 12.92 billion, a 47% year-on-year (YoY) growth, supported by an enhanced wind and solar capacity utilisation factor (CUF), important capacity addition of 2,460 MW, and its auction win to sign the largest green power purchase agreement (PPA) globally with Solar Energy Corporation of India (SECI).

The solar CUF improvement in 9M FY22 is backed by the integration of a high-quality SB Energy portfolio, constant availability of a high plant of 100%, and enhanced grid availability of 99%.

The profits before earnings before interest, taxes, depreciation, and amortization (EBITDA) from the power supply for 9M FY22 jumped by 56% to Rs 24.74 billion compared to the last year.

The cash earnings for Q3 FY22 stood at Rs 4.32 billion, 52% higher compared to Rs 2.85 billion in Q2 FY21.

The renewable energy firm generated Rs 9.73 billion as revenue from the power supply, an increase of 65% compared to Rs 5.91 billion throughout the same time last year.

For Q3, the EBITDA stood 68% higher to Rs 8.95 billion, compared to Rs 5.32 billion at the same time last year.

AGEL has also signed the UN-Energy Compact committing to develop and utilise renewable energy generation capacity of 25 GW by 2025, 45 GW by 2030, and maintain the average tariff under the Average Power Purchase Cost (APPC) at the national level.

Image Source

Also read: Adani Green inks pact with SECI to supply 4,667 MW green power

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..