As the country’s largest private thermal power producer, Adani Power is planning to ramp up its power capacity and dive into clean energy projects. With increasing demand for electricity and government support for infrastructure growth, Adani Power is set for growth in 2025. But, like any stock, risks exist. So, is Adani Power the next big stock to watch? Let’s look at its potential for the future.
Future Expansion Plans of Adani Power
Here are the future expansion plans of Adani Power which can help understand if it is likely to be the next big stock to watch in 2025.
Boost in Energy Production
Adani Power is boosting its energy production to keep up with India’s growing demand for electricity. They’ve set the goal to hit over 40 gigawatts (GW) of total power generation by 2030.
This plan involves significant capital allocation in both renewable energy sources as well as in thermal energy. For example, the company has been given the green light for two 800-megawatt (MW) thermal plants in Raipur, Chhattisgarh, and Mirzapur, Uttar Pradesh.
The company is also in the advanced stages of constructing the 1,600 MW Godda plant in Jharkhand, which will supply power to Bangladesh. This project marks a major step in cross-border energy cooperation and strengthens Adani Power’s presence in international markets.
To fund these large-scale expansions, Adani Power plans to raise ₹11,000 crore through non-convertible debentures and equity offerings. This financial strategy will support its ambitious growth initiatives and ensure long-term sustainability in the power sector.
Such strategic planning is likely to impact Adani Power share price, which was trading at an average of ₹517.65 as of February 2025.
Diversification into Renewable Energy
Adani Group is actively diversifying into renewable energy, particularly through Adani Green Energy Limited (AGEL). AGEL develops, owns, and operates utility-scale grid-connected solar, wind, and hybrid renewable power plants, with an operating renewable portfolio of 8.4 GW spread across 12 states in India.
Additionally, Adani Solar, the solar PV manufacturing arm of Adani Group, is India’s first and largest vertically integrated solar PV manufacturer, with 4 GW cells & modules and 2 GW of ingots & wafers manufacturing capacities.
These initiatives position Adani Power to align with global energy trends favoring sustainable and renewable energy sources.
Strategic Partnerships and Contracts
Adani Power is undertaking significant strategic expansion plans to enhance its position in India’s energy sector.
The company secured a huge 25-year deal to supply Maharashtra with 6,600 megawatts (MW) of power. This will be a mix of 5,000 MW from its solar energy park in Khavda, Gujarat, and 1,600 MW from a new thermal power plant. This combination will help meet the growing energy needs of Maharashtra more efficiently.
Additionally, Adani has teamed up with Google to power its cloud services in India with clean energy. This energy will come from a new solar-wind hybrid project in Khavda, expected to be up and running by the third quarter of 2025. This move supports Google’s goal to make all of its global operations green by 2030.
These partnerships help Adani Power grow in the market and make it popular for online stock trading. However, investors should conduct their own research and invest as per their overall financial goals and risk appetite.
Conclusion
Adani Power is rapidly growing with its expansion plans and a focus on renewable energy. With India’s increasing power demand, Adani Power is in a favorable position for future success. Investors should conduct their research and stay updated to make an informed investment decision.
