Transmission evacuation constraints
Inadequate transmission infrastructure could limit capacity additions and utilization, especially at Khavda.
high · management_commentary
Adani Green Energy Limited — Q4 FY26
Adani Green Energy reported a strong Q4 FY26 with revenue from power supply up 22% YoY to INR 11,602 crore and EBITDA up 23% YoY to INR 10,865 crore, achieving an EBITDA margin...
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
Curtailment and merchant price volatility
Curtailment and lower merchant realizations caused an estimated INR 1,200-1,500 crore EBITDA loss in FY26; recovery depends on PPA conversion and grid improvements.
high · analyst_questionExecution risk on battery storage ramp-up
Ramping battery storage to 10 GWh in one year involves supply chain and capital flexibility challenges.
medium · management_commentaryRegulatory and policy uncertainty
Changes in renewable energy policies or grid regulations could impact project economics and timelines.
medium · analyst_question