The project, awarded under the Tariff-Based Competitive Bidding (TBCB) mechanism and coordinated by REC Power Development and Consultancy Ltd (RECPDCL), will be implemented through a Special Purpose Vehicle (SPV) named WRNES Talegaon Power Transmission Ltd, which has now been formally transf
Adani Energy Solutions has reported a strong result in the January-March quarter and in the entire 2024-25 financial year. Kandarp Patel, CEO, Adani Energy Solutions, in a video message to stakeholders, said its revenue grew by 42 per cent year-on-year to record Rs 24,447 crore in 2024-25
In the entire financial year 2024-25, the profit after tax was at Rs 2,427 crore, excluding exceptional item of Rs 1506 crore. The net profit was up 103 per cent on a yearly basis.
Adani Energy Solutions Ltd (AESL) on friday said it has won a power transmission project in Gujarat, which will supply green electrons for manufacturing Green Hydrogen and Green Ammonia in Mundra, Gujarat.
In a statement Monday, Fitch affirmed the said ratings, noting that the Adani group "has demonstrated adequate funding access" since the US indictment of certain board members of another group entity, Adani Green Energy Limited (AGEL), on 20 November 2024.
The company has outlined its plans for a high capital expenditure (Capex) phase, akin to its growth period between FY20 and FY22, as it continues to expand its infrastructure footprint across various sectors.
Adani Energy Solutions (AESL) has reported robust growth of 24.4 per cent in total income of Rs 6,000 crore in the third quarter (Q3) of the current financial year (FY25), as per a release issued by the company.
Adani Energy Solutions Ltd (AESL), India's largest private transmission and distribution company, has achieved a milestone by winning its largest-ever order worth approximately Rs25,000 crore.
Adani Energy Solutions won three new transmission projects at a cumulative project cost of Rs 10,300 crore, adding 2,059 circuit kilometres to its under construction network, said Kandarp Patel, CEO, Adani Energy Solutions.
Adani Group company Adani Energy Solutions Limited on Tuesday reported that its net profit or Profit After Tax during the July-September quarter rose 172.2 per cent to Rs 773 crore. In the same quarter of last fiscal, it was at Rs 284 crore.
"This agreement marks the beginning of a transformative initiative to develop, finance, construct, operate, and maintain key transmission lines and substations across Kenya," the statement added.