ADANIGREEN — earnings call

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Prepared remarks

Moderator · Conference Operator

Mr. Aayush Gulati – Standard Chartered Bank Adani Green Energy Limited April 24, 2026

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Moderator · Conference Operator

Ladies and gentlemen, good day and welcome to the Adani Green Energy

Questions and answers

Moderator · Conference Operator

Thank you.

We will now begin the question-and-answer session.

The first question comes from the line of Aayush Gulati.

Please go ahead.

Aayush Gulati

Hi, thank you management team.

Just wanted to check on the capex targets for FY27, specifically regarding the greenfield capacity plans of AGEL and also around the plans around the battery capacity in Khavda.

Along with that, I would just like to understand a bit more on the funding plans for the capex and especially regarding the average cost of debt and the maturity?

So just wanted you to highlight more on those.

Ashish Khanna

I think it’s a great question in this context.

We are already very close to a 3 gigawatt hour of a capacity as far as the battery storage is concerned, which is virtually equal to all the battery storage capacities in this country as we stand.

Our plan is to add in the same rate and by the end of this year to add 10 gigawatt hour of storage capacities in Khavda.

With respect to overall capacity addition, we have already demonstrated that we are in a position to add anywhere close to 5 GW plus capacities.

However, in view of the evacuation constraints and how the market pans out with respect to transmission lines and further consumption at their end, we are currently planning to add 4.5 to 5.0 gigawatt of our solar and wind capacity.

However, it all matches out with the evacuation capacities which come up.

And like I already said, we have demonstrated our capabilities to install capacities and if there are opportunities, we will go further in the coming years.

But as we see the current evacuations which are slated to come in this fiscal year, we feel this will be optimum to be aligned with the evacuation which is Adani Green Energy Limited April 24, 2026 available from a solar, wind, and hybrid perspective.

From a battery storage, we are likely -- we are planning to end 10 gigawatt hour capacity and like I already mentioned, the pump storage of 500 megawatt will also be coming in this fiscal year.

Moderator · Conference Operator

Thank you.

As there are no further questions from the participants, I would now like to hand the conference over to Mr. Ashish for closing comments.

Ashish Khanna

We once again thank you for participating in this call and looking forward for your continual support in our growth.

Thank you so much.

Moderator · Conference Operator

Thank you.

On behalf of Adani Green Energy Limited, that concludes this conference.

Thank you for joining us and you may now disconnect your lines.

Thank you.