Adani New Industries Ltd's Impressive Growth in Solar Sales and Green Hydrogen Initiatives
Key Ideas
- Adani New Industries Ltd saw a significant 59% year-on-year increase in solar module sales, reaching 4,263 MW in FY 2025.
- The company reported a substantial total income of INR 14,236 crore in FY 2024-25, marking a 63% increase from the previous year.
- ANIL is actively developing a green hydrogen ecosystem in Mundra, Gujarat, involving renewable energy manufacturing and hydrogen generation.
- Operationalizing 4 GW of annual solar cell and module manufacturing capacity, ANIL has ambitious plans for further expansion in the renewable energy sector.
Adani New Industries Ltd (ANIL), a subsidiary of Adani Enterprises, has demonstrated remarkable growth in both its solar sales and green initiatives. In the fiscal year 2024-25, ANIL achieved a notable 59% year-on-year increase in solar module sales, totaling 4,263 MW, with a significant portion being sold domestically and internationally. The company's financial performance has also been impressive, reporting a total income of INR 14,236 crore, a substantial 63% surge from the previous fiscal year. Moreover, ANIL is strategically focusing on building a fully integrated green hydrogen ecosystem in Mundra, Gujarat, which includes various renewable energy component manufacturing and hydrogen-related activities. By operationalizing 4 GW of solar cell and module manufacturing capacity and with plans for further expansion, ANIL is positioning itself as a key player in the renewable energy sector in India.