Adani Green plans ₹40,000 crore capex for battery storage
pre-market1 source ↓written by the desknot a recommendation
- in battery energy
- ₹40,000 crore
- of capacity
- 7 GWh
- spending projected between
- ₹25,000-40,000 crore
Adani Green Energy is set to invest ₹40,000 crore in battery energy storage systems (BESS) at its Khavda park, aiming for over 7 GWh of capacity by FY27. This expansion addresses grid evacuation challenges and is part of a broader capital expenditure strategy, with FY27 spending projected between ₹25,000-40,000 crore. Funding is secured with debt already sanctioned to support growth.
Not investment advice. For informational purposes only.