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Adani Energy Solutions achieves 30 per cent transmission network expansion

Adani Energy Solutions achieved significant growth during the latest quarter, expanding its transmission network to 26,485 circuit kilometres (ckm), marking a 29.7% increase from the previous year’s 20,422 ckm.  Its power transformation capacity surged to 84,286 MVA, up from 54,661 MVA YoY, while transmission availability stood at 99.21%, slightly lower than last year’s 99.69%. System availability remained stable at 99.69%. In project development, the company secured two major contracts: the Rs 34.55 billion Khavda Phase…

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Adani Energy Solutions wins Rs 250 billion power transmission bid in Rajasthan

Adani Energy Solutions (AESL) has been named the preferred bidder for a transmission project under the special purpose vehicle (SPV) “Rajasthan Part-I Power Transmission.”  The project, valued at approximately Rs 250 billion, will be AESL’s largest order once officially awarded. The project, tendered through a re-bid process under tariff-based competitive bidding (TBCB), is part of the interstate transmission system (ISTS) named “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III…

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Adani Energy Solutions reports 172% surge in net profit for Q2 FY2024

Adani Energy Solutions Limited (AESL) has reported a net profit of Rs 7.73 billion for the quarter ending September 2024, marking a 172.18% increase compared to Rs 2.84 billion in the same quarter last year.  The company’s total income also rose by 68.88%, reaching Rs 63.6 billion, up from Rs 37.66 billion during the corresponding period of the previous year.

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REC PDCL transfers Talegaon transmission SPV to Adani

REC Power Distribution Company Limited (REC PDCL) has transferred WRNES Talegaon Power Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL). The SPV will implement the Western Region Network Expansion Scheme to support pumped storage potential near Talegaon, Pune. REC PDCL invited Request for Proposal (RFP) bids in October 2024 and acted as the bid process coordinator (BPC) for selecting a transmission service provider through tariff-based competitive bidding (TBCB). AESL won…

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Powering East and Northeast India’s clean energy future

  At the Rising North East Investor Summit 2025, energy emerged as a core focus of India’s development agenda for the region. The summit attracted Rs 4.3 trillion in investment proposals, with energy and infrastructure leading interest. Mukesh Ambani committed Rs 75,000 crore, Gautam Adani pledged Rs 50,000 crore, and Anil Agarwal over Rs 30,000 crore. Several proposals target clean energy, including new hydro and transmission infrastructure. Union Minister for New and Renewable Energy Pralhad…

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Adani Energy to raise Rs 43 billion via QIP

Adani Energy Solutions Limited (AESL) has approved raising Rs 43 billion through a qualified institutional placement (QIP), to be executed in one or more tranches. This move follows a series of recent fundraises by the Adani Group. In April 2025, it secured USD 750 million for an acquisition, with BlackRock subscribing to a third of the bond issue. Separately, Adani Ports raised USD 150 million via a bilateral loan from DBS Group Holdings Limited. Proceeds…

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Adani Energy wins Talegaon transmission project in Maharashtra

Adani Energy Solutions Limited (AESL) has secured the transmission project to evacuate power from 1,500 MW pumped storage projects (PSPs) near Talegaon, Maharashtra.  REC Power Development and Consultancy Limited (REC PDCL) invited bids in October 2024. AESL emerged as the lowest bidder, quoting Rs 16.6 billion, with fixed transmission charges of Rs 2.21 billion. Competing bidders in the technical round included Power Grid Corporation of India Limited (PGCIL) and Resonia Limited. The project will be…

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Hitachi Energy–BHEL win contract for Adani’s Rajasthan transmission project

Rajasthan Part I Power Transmission, a subsidiary of Adani Energy Solutions, has awarded a major contract to a consortium of Hitachi Energy and Bharat Heavy Electricals Limited (BHEL) for the development of a high-voltage direct current (HVDC) transmission system.  The project will support evacuation of 6 GW of renewable energy from the Bhadla renewable energy zone in Rajasthan to Fatehpur in Uttar Pradesh. The ±800 kV, 950 km bi-pole, bi-directional HVDC transmission line falls under…

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REC transfers Mahan Transmission to Adani Energy

REC Power Distribution Company Limited (REC PDCL) has transferred Mahan Transmission Limited, a special purpose vehicle (SPV), to Adani Energy Solutions Limited (AESL).  The handover, completed on March 26, 2025, follows a tariff-based competitive bidding (TBCB) process for selecting a transmission service provider (TSP). The project will be developed under the build, own, operate, and transfer (BOOT) model. The transmission system will evacuate 1,230 MW of power from the 2×800 MW thermal power project of…

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Adani Energy acquires Mundra I Transmission Project

PFC Consulting Limited (PFCCL) transferred Mundra I Transmission Limited, a special purpose vehicle (SPV) to  Adani Energy Solutions Limited (AESL) for development of the Transmission System for supply of power to Green Hydrogen/Ammonia manufacturing potential in Mundra area of Gujarat (3 GW) Under Phase-I Part B1 on March 20, 2025. PFCCL had invited Request for Proposal (RFP) bids for the project in October 2024. Competitive bidding process PFCCL, acting as the bid process coordinator (BPC),…