Adani Green Energy stock closed 6.15% higher at Rs 1218.75 on BSE in the previous session. Market cap of Adani Green Energy stood at Rs 1.93 lakh crore.

The rise in Adani Green Energy share price came after the company announced that its step-down subsidiary Adani Green Energy Twenty Five, has commissioned a 250 MW solar power project in Rajasthan

The commissioning of this project brings Adani Green's total operational renewable production capacity to 11,434 MW.

Adani Green Energy has launched a 250 MW solar power plant in Badi Sid, Jodhpur district, raising its total renewable capacity to 11,434 MW. The development aligns with the company's strategic aim to enhance its sustainable energy portfolio.

The Adani Green projects for which the $1.1 billion loans were taken—from a group of overseas banks—are mostly backed by assured cashflows from PPAs (power purchase agreements) of 25 years, which makes the group prefer longer tenure refinancing facilities.

Adani Green Energy shares today zoomed 9 per cent as the company commissioned a 250 MW solar power project at Badi Sid in Jodhpur district of Rajasthan.

Six Adani Group firms see stock decline, with Adani Green Energy falling over 2%. Adani Ports and Special Economic Zone, Adani Power, Adani Energy Solutions and Adani Total Gas also declined.

Adani Green Energy shares are up 20.27 per cent in the past five sessions. That said, the stock is still down 23 per cent for the past one month.

Adani Green Energy Twenty Five Ltd, a step-down subsidiary of Adani Green Energy Ltd (AGEL) has commissioned a 250 MW solar power project at Badi Sid, in Jodhpur, Rajasthan, according to the filing.