Description
BSE circular containing clarifications from Adani Green Energy Limited and Adani Ports regarding media reports about BESS projects and other matters.
Summary
BSE issued a circular containing clarifications from two Adani Group companies - Adani Green Energy Limited and Adani Ports and Special Economic Zone Limited - in response to media reports published on January 27, 2026. Both companies provided clarifications under Regulation 30(11) of SEBI Listing Regulations.
Key Points
- Adani Green Energy clarified media reports about targeting 7 GWh BESS in Gujarat with capex of Rs. 40,000 crore in FY27
- The company referenced its prior disclosures from November 11, 2025 and November 13, 2025 about leading implementation of Adani’s first BESS project
- Adani Green is on track to deploy one of the world’s largest single location BESS in coming months
- The company intends to enhance BESS capacities potentially more than 2x current year’s capacity in subsequent financial year
- Adani Ports responded to clarification request regarding media report on economictimes.indiatimes.com (content truncated in source)
- Both companies confirmed compliance with Regulation 30 disclosure requirements
Regulatory Changes
No regulatory changes announced. This circular involves routine clarifications under existing Regulation 30(11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Compliance Requirements
- Companies must respond to stock exchange queries regarding media reports under Regulation 30(11)
- Companies must make necessary disclosures in compliance with Regulation 30 of SEBI Listing Regulations
- Clarifications must be provided when stock exchanges seek verification of rumours or media reports
Important Dates
- January 27, 2026: Date of media reports and stock exchange clarification requests
- January 27, 2026: Date of company responses
- November 11, 2025: Adani Green’s original press release about BESS project
- November 13, 2025: Adani Green’s subsequent communication about BESS implementation
Impact Assessment
Market Impact: Low - These are clarifications on previously disclosed information rather than new material developments. Adani Green is reiterating its existing plans for BESS deployment.
Operational Impact: Low - No changes to operations or previously announced plans. Companies are confirming their ongoing projects and compliance with disclosure norms.
Investor Impact: Low - Clarifications provide confirmation of existing strategies but do not materially alter investment thesis. The BESS expansion plans were already in public domain through prior disclosures.
Impact Justification
Routine clarifications on media reports under Regulation 30(11), reiterating previously disclosed information without material new developments