The Uttar Pradesh Electricity Regulatory Commission (UPERC) has directed Adani Energy Solutions Step Eleven Limited (AESSEL) and Adani Energy Solutions Limited (AESL) to invite public suggestions and objections on their application for a parallel distribution licence for a Data Centre Park at Plot No. 20, Sector-62, Noida. Following preliminary examination of the petition filed under…
Adani Energy Solutions Limited (AESL) has completed the acquisition of 100% equity shares of Vizag Power Transmission Limited (VPTL) after executing a Share Purchase Agreement (SPA) with REC Power Development and Consultancy Limited (RECPDCL) on 14 August 2026. The SPA was executed following AESL’s selection for the Andhra Pradesh transmission project announced on 24 July…
PFC Consulting Limited (PFCCL), acting as the Bid Process Coordinator, has qualified three companies for the selection of a Transmission Service Provider for the 765 kV GIS Pune West intra-state transmission project in Maharashtra. Power Grid Corporation of India Limited (POWERGRID), Adani Energy Solutions Limited and Resonia Limited have qualified to bid for the project….
Adani Energy Solutions Limited (AESL) has raised Rs 3,500 crore through a Qualified Institutional Placement (QIP) of equity shares, with participation from domestic institutional investors including SBI Large Cap Fund and Aditya Birla Sun Life Mutual Fund. The issue opened on July 27, 2026, and closed on July 30, 2026. AESL allotted 2,16,71,826 equity shares…
Adani Energy Solutions Limited (AESL) has secured an inter-state transmission project in Andhra Pradesh with an estimated value of Rs 8,500 crore under the Government of India’s Tariff-Based Competitive Bidding (TBCB) framework. The project will create transmission infrastructure to meet an estimated 4,500 MW of demand from proposed green hydrogen and green ammonia facilities in…
Adani Energy Solutions Limited (AESL) reported strong growth across its transmission, smart metering, distribution and Energy Solutions Platform businesses during the quarter ended June 30, 2026, with consolidated total income rising 40% year-on-year to Rs 9,852 crore. The company reported a record EBITDA of Rs 3,178 crore, up 58% from the corresponding quarter last year….
Diamond Power Infrastructure Limited (DPIL) has received a Letter of Award (LoA) from Adani Energy Solutions Limited (AESL) for the supply of aluminium alloy conductors for two transmission projects. The contract is valued at approximately Rs 185.16 crore, excluding taxes. The order covers the design, engineering, manufacturing, testing, packing and transportation of conductors on a…
Adani Energy Solutions Limited (AESL) has appointed Mr. Pramath Nath as its Chief People Officer with effect from July 1, 2026. The appointment follows his transition from Adani Green Energy Limited (AGEL), where he served as Chief People Officer until June 30, 2026, according to regulatory filings. Mr. Nath joined the Adani Group in October…
Adani Energy Solutions Limited (AESL) has signed a binding securities purchase and subscription agreement to acquire a 100% equity stake in IntelliSmart Infrastructure Private Limited for a total consideration of Rs 3,050 crore. The transaction includes the acquisition of the entire equity share capital of IntelliSmart and the redemption of optionally convertible debentures held by…
Adani Energy Solutions Limited (AESL) has incorporated seven wholly owned subsidiaries in a single day as part of its expansion across the electricity value chain. The company disclosed the incorporations to stock exchanges on June 1, 2026. The newly formed entities include three companies under the “Sunrays” banner and four under the “Arasan” banner. All…