In Short : Adani Energy Solutions Ltd (AESL) secured a ₹2,800 crore transmission project in Gujarat to strengthen renewable energy evacuation and grid infrastructure. Awarded through competitive bidding, the project boosts AESL’s growing portfolio. Following the announcement, AESL’s stock jumped over 3%. The project supports India’s clean energy goals and enhances Gujarat’s capacity to integrate […]
Adani Energy Solutions net profit jumps 80 pc to Rs 625 cr in Q3 – EQ
In Short : Adani Energy Solutions reported an 80% surge in net profit, reaching ₹625 crore in Q3. The impressive growth was driven by increased operational efficiency and expanding infrastructure projects. The company’s robust performance highlights its focus on scaling renewable energy and power transmission, aligning with India’s energy transition and sustainability goals. In Detail […]
Adani Energy Solutions’ Order Book Expands to Rs 54,700 Crore with New High-Value Projects – EQ
In Short : Adani Energy Solutions has reported a significant expansion in its order book, which now stands at Rs 54,700 crore following the acquisition of new projects. This growth highlights the company’s strong position in the energy sector and its continued focus on expanding its infrastructure and capabilities to meet the growing demand for […]
Adani Energy Solutions gets LoI from REC unit contingent on these conditions – EQ
In Short : India is driving the global energy transition with its ambitious 500 GW renewable energy target by 2030. Initiatives like the International Solar Alliance, green hydrogen development, and energy efficiency programs demonstrate its leadership. Despite coal dependence, India’s focus on technology, sustainability, and international collaboration positions it as a key player in advancing […]
“Adani Energy Solutions Finalizes Acquisition of Khavda Phase IV Transmission Project” – EQ
In Short : Adani Energy Solutions has finalized the acquisition of the Khavda Phase IV transmission project. This acquisition marks a significant step in Adani’s efforts to expand its infrastructure for renewable energy. The project, located in Gujarat’s Khavda region, is essential for transmitting electricity generated from renewable sources, furthering India’s transition to sustainable energy […]
Adani Energy Solutions appoints Kunjal Mehta as CFO – EQ
In Short : Adani Energy Solutions has appointed Kunjal Mehta as Chief Financial Officer (CFO). This strategic leadership appointment reflects the company’s focus on strengthening its financial management and underscores Adani’s commitment to developing its energy solutions sector. In Detail : The official change will take place on March 31, 2024, when Rohit Soni will […]
Airtel Business to power 20 million smart meters for Adani Energy Solutions with its transformative smart IoT solutions – EQ
Gurugram, India : Airtel Business – the B2B arm of Bharti Airtel, one of India’s leading telecommunications service providers – today announced that it will power over 20 million smart meters for Adani Energy Solutions Limited (AESL). Airtel, through its robust nationwide communications network will deliver reliable and secure connectivity for all AESL’s smart meter […]
Adani Energy Solutions wins top sustainability award – EQ
In Short : Adani Energy Solutions has been honored with a prestigious sustainability award, recognizing its outstanding contributions to sustainable practices. This achievement underscores the company’s commitment to environmental and social responsibility in its operations. In Detail : Adani Energy Solutions (AESL) has bagged the prestigious ‘Global Sustainability Leadership Award 2023’ for its outstanding commitment […]