Transmission evacuation constraints at Khavda
Curtailment due to transmission lag is impacting <5% of EBITDA; management expects resolution in weeks/months.
medium · management_commentary
Adani Green Energy Limited — Q1 FY26
Adani Green Energy delivered a strong Q1 FY26, with revenue from power supply rising 31% YoY to ₹3,312 crore and EBITDA up 31% to ₹3,108 crore, yielding an industry-best EBITDA...
bullish
high
✓ Verified against BSE filing
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Merchant price volatility
Solar merchant prices fell to ₹2.2/unit in Q1 from ~₹3 in Q4 due to early monsoon and oversupply; wind prices also seasonal.
medium · analyst_questionMonsoon-related operational disruptions
Extended monsoon last year impacted generation; management claims better preparedness but monsoon fury remains uncertain.
low · analyst_questionISTS waiver taper impact on tariffs
25% reduction in ISTS waiver from July 2025 may affect merchant pricing; management sees limited near-term impact.
low · analyst_question