Adani Energy Solutions Ltd (AESL) on Monday stated that it has completed SPV acquisition of Khavda Phase IV Part-A transmission project after receiving a letter of intent (LOI) from REC Power Development and Consultancy.
The QIP, which is AESL's first equity raise since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015, was launched post-market hours on 30 July 2024. The initial base deal size was set at Rs 5,861 crore (USD 700 million), with a green shoe option allowing for an incre
The revenue growth in the April-June quarter was on account of contributions from the newly operationalized transmission assets and an increase in the units sold in power the distribution business and contributions coming from the smart metering business, said CEO of Adani Energy Solutions,
Adani Energy Solutions has reported a 47 per cent yearly rise in its consolidated revenue from operations in the April-June quarter. The consolidated revenues were at Rs 5,379 crore, the company earnings data released today showed The company announced its financial results for the quarte
At an investors' meeting, the Adani Group management outlined a strong FY24 operating performance -- a 27 per cent compound annual growth rate (CAGR) for five years -- and a significantly improved leverage profile across businesses.
The Board of Directors of Adani Energy Solutions (AESL) has approved raising Rs 12,500 crore by issuing a number of equity shares having face value of Rs 10 each. Adani Energy Solutions informed this through an exchange filing on Monday.
Adani Energy Solutions Ltd (AESL), which is into power transmission and distribution, has acquired 100 per cent stake in Essar Transco Limited after obtaining requisite regulatory and other approvals for an enterprise value of Rs 1,900 crores.
According to a press release by Adani, the resilient category acknowledgment highlights AESL's significant advancements in resilience and adaptability, marking a remarkable improvement from its previous achievement in the oriented category.
Adani Energy Solutions was honoured with the 'Global Sustainability Leadership Award 2023' under the 'Best Overall Sustainable Performance' category by the World Sustainability Congress in Mauritius.
Adani Energy Solutions has formed a joint venture (49:51) with UAE-based Esyasoft Holdings for implementing smart metering projects in India and other countries.