Brokerage Investec begins coverage on Adani Green Energy

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The brokerage said that AGEL’s growth will primarily be led by its plans for 30GW (gigawatt) and 11GW installations in Khavda, Gujarat and Rajasthan respectively, where it has access to large resource rich land banks along with evacuation facilities. It will take the total production capacity to 50+GW by FY30.

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