Political-Legal Factors affecting

Green Energy Ltd.

GROUP 13-SECTION B
1. KRISHNA PRIYADARSINI- B026
2. MEKHLA ROY CHOUDHURY- B028
3. TANMAY KHANDUJA- B063
4. TRINA SINGH- B064
5. SANJANA MALANI- B076
 Adani Green Energy Limited
Background: Type : Public
Adani Green Energy Limited (AGEL) is Traded as
an Indian renewable energy company BSE : 541450
headquartered in Ahmedabad, NSE : ADANI GREEN
Gujarat. Industry : Renewable energy
Founded : 2015
The company operates Kamuthi Solar Founder : Gautam Adani
Power Project, one of the largest solar Headquarters: Ahmedabad, India
photovoltaic plants in the world . Area served : India
The company was incorporated on Key people : Vineet S. Jaain (Managing Director)
January 23, 2015, as Adani Green Products : Solar energy, Wind energy
Energy Limited under the Companies Owner : Adani Group
Act,2013. Parent : Adani Group (54.92%) [Total SE (20%)]
Website : www.adanigreenenergy.com

Source: Wikipedia
 EXECUTIVE SUMMARY
The Adani Group has
transformed
dramatically over the
last 5 years, with total
assets of the now 6
listed entities
collectively exceeding
US $ 50 bn.
Source : adanigreenenergy.com
 Paris Agreement,2016 :
The Paris Agreement is a legally binding international
treaty on climate change, adopted by 196 Parties at
COP 21 in Paris, on 12 December 2015 and entered
into force on 4 November 2016.

Objective :
Its goal is to limit global warming
to well below 2, preferably to 1.5
degrees Celsius, compared to
pre-industrial levels.
 Paris Agreement & India :
Adani took
national leadership
position & accelerated
investment aligned with
India’s sustainable
economic growth.
India is among
India set a goal of frontline nations with
GOI aiming to install
40% electricity 175 GW
generation from
of renewable plant &
non- fossil fuel
100 GW of solar
sources by 2030
plant by 2022

Source : adanigreenenergy.com
 Adani’s Strategic Alignment with India’s Future & GOI :
● Adani Green Energy was created when Prime
Minister Narendra Modi committed to build
175 GW of renewables by 2022 under the
Paris Agreement.
● Achieved its target to set up 25 GW of
renewable energy capacities in India, 4 years
ahead of the schedule.
● As a part of Atma Nirbhar Bharat, the

group is doubling its solar cell and module

manufacturing capacity to 4 GW.

Sources: ieefa.org
 Won World’ largest solar award;
Leapfrogs towards goal of 25GW of
installed capacity by 2025

2,545 MW Operational capacity & built

US$ 2.44billion Asset base
Bathinda Power Project,Punjab (100MW), India’s
biggest HSAT at a single location was commissioned.

Adani Group commissions 50 MW solar plant

in Mahoba, Uttar Pradesh.
Kamuthi Solar Power
Project(648 MW) Rajasthan,
world’s 12th largest solar park
was commissioned.
AGEL’s Growth:

Source:adanigreenenergy.com
AGEL’s Aquisitions: “
This acquisition is another step
In March 2018, Kodangal Solar Parks towards the vision we stated in
Private Limited became a joint venture of AGEL. January 2020, wherein we laid out
our plans to become the world’s
In mid-2019, AGEL acquired Essel Group's solar largest solar player by 2025 and
power portfolio of 205MW located in Punjab, thereafter the world’s largest
Karnataka and Uttar Pradesh ₹1,300 crores. renewable company by 2030.

In early 2020, French energy company Total S.A. had

an agreement with AGEL for the investment of US
Gautam Adani, Chairman, Adani Group
$510 million to acquire a 20% stake in the latter.

In May 2021, AGEL confirmed its decision to buy

Soft Bank Group Corp backed SB Energy Holdings
Limited for $3.5 billion. ”
Source: Wikipedia