Adani’s company found a big order in Rajasthan, expert said- 72% will climb! – Adani Green Energy Company Gets 250 MW Solar Energy Projects in Rajasthan Expert Say Buy Share Tutd

The Indian stock market has been seeing a steady rise from the last 4 business days. Meanwhile, a company of Adani has received a big order. Due to which good growth is being seen in shares. At the same time, the market expert has estimated on this stock that it can rise by 72 percent. This share of Adani Group is Adani Green Energy.

The shares of India’s largest renewable energy company Adani Green Energy Limited are seen to be a slight edge, because the company of the Adani Group said that its full -owned subsidiary Adani Green Energy Twenty Four has started 250 MW in Bhimsar, Rajasthan.

The Adani Group company said in the BSE filing that with the commissioning of this plant, Adani Green’s total operating renewable energy production capacity has increased from 12,591.1 MW to 12,841.1 MW in the previous week. Adani Green said, “On the basis of relevant approval, on March 20, 2025 at 11.56 am, it was decided that the plant will be commissioned from March 21, 2025.”

Rajasthan also in these places along with Rajasthan
The stock was trading up 0.53 percent to Rs 916. Last week, Adani Green announced to start a 250 MW solar power project in Andhra Pradesh. Adani Solar Energy AP Eight Private Limited, a full -ridden Stepdown Branch has launched a 250 MW solar power project in Kadappa, Andhra Pradesh. The same month, Adani Green Energy Twenty Five B, another branch has launched an 83 MW solar power project in Khavda, Gujarat.

Adani Green has recently funded its first construction facility in 2021 with a $ 1.06 billion dues taken in 2021 to develop India’s largest Solar-Pawan Hybrid Renewable Cluster in Rajasthan. Adani Green recently told the stock exchanges that the long term funds raised to finance its construction facility are 19 years.

Shares can climb up to 72 percent
MK Global has advised to ‘buy’ Adani Green Energy, citing continuous growth speed and attractive valuation. It has suggested a target of Rs 1,500 on this stock of Adani Group, which is now about 72 percent more than the current level. Cantor Fitzgerald has recently introduced coverage on this stock with a ‘overweight’ rating and a price target of Rs 1,222.

MK Global said that in FY 2025, the monsoon in Khavda was long and severe, affecting the project work and limited CUF growth due to stabilization. In the second half, the recession in the increase in electricity demand also affected the comprehensive merchant rates. Nevertheless, the management is confident of adding 5 GW and the target of 50 GW of 2030 is intact.

The company has got these tenders
Brokerage said, ‘Along with including BESS in the strategy, Agel’s focus on storage solutions is also increasing. It has recently won the 1.25 GW PSP storage capacity tender from UPPCL for 40 years, while hybrid MSEDCL and NHPC tender win also increase the ecosystem round the clock.

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