Last Updated on January 9, 2026 by Author
Adani Green Energy Limited has informed the stock exchanges that its wholly owned step-down subsidiary has executed a Power Consumption Agreement, a Tripartite Agreement, and an Investment Agreement.
As per the disclosure dated January 8, 2026, the agreements were executed on January 7, 2026, between Adani Green Energy Twenty Five B Limited, Adani Renewable Energy Holding Four Limited, and Asahi India Glass Limited.
Under the Power Consumption Agreement, Adani Green Energy Twenty Five B Limited shall supply 20.8 MW of solar-wind hybrid power to Asahi India Glass Limited. The power shall be supplied from a hybrid project located at Khavda, Gujarat, comprising a 25 MW solar power plant unit and a 20.8 MW wind power plant unit.
Pursuant to the Investment Agreement, Asahi India Glass Limited has agreed to subscribe to a minimum 26% proportionate equity share capital of the project company, in one or more tranches, to comply with applicable captive power consumption requirements.
The disclosure further states that Adani Renewable Energy Holding Four Limited shall have the right to appoint all directors of the generating company. The transaction does not constitute a related-party transaction.
The execution of the aforesaid agreements has been disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
