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AESL, part of the Adani portfolio, is a multidimensional organization with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions. AESL is India's largest private transmission company.
Adani Energy Solutions (AESL) is now the world's #1 ESG-scored utility by S&P Global. Its score jumped to 90 (from 81), far exceeding the 41 industry average. This reflects strong Environmental, Social, and Governance performance.
Adani Energy Solutions won a Rs 4,700 Cr transmission project in Maharashtra to evacuate 4.5 GW renewable power. This adds 562 ckm and 9,000 MVA capacity, growing their orderbook to ~Rs 85,000 Cr, strengthening green energy infrastructure.
Adani Energy Solutions acquired 100% of Vizag Power Transmission (paid-up capital: 0.05 Cr). This acquisition is integral to AESL's ~8,500 Cr Andhra Pradesh transmission project, designed to power future Green Hydrogen/Ammonia initiatives.
Adani Energy Solutions completed a Qualified Institutions Placement, allotting 2.16 Cr equity shares at ₹1,615 each. This raised ₹3,500 Cr from institutional buyers, significantly boosting the company's paid-up equity capital for future growth.
Adani Energy Solutions' QIP successfully closed, allocating 2.17 crore equity shares at ₹1,615 each. This equity raise secured ~₹350.12 Cr for the company.