Adani Group Stock to Watch After It Builds the World's Largest BESS Outside China
India, May 26 -- India's renewable energy sector has taken a significant step forward as a major clean energy player commissions a record-breaking battery storage facility - one that is already turning heads on the global stage.
Shares of Adani Green Energy Limited, with a market capitalization of Rs. 2,36,345 crore, are trading at a price of Rs.1,433.7 i.e. 1.5% up from its previous closing price of Rs.1411.15. It is trading at a P/E ratio of 130.
A Record-Breaking Deployment at Khavda
Adani Green Energy Ltd (AGEL) has commissioned a 3.37 Gigawatt-hour (GWh) Battery Energy Storage System (BESS) at Khavda, Gujarat - the world's largest single-location battery storage deployment outside China. The project was completed within just 10 mo...
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