Ahmedabad, June 9 (IANS) India’s leading energy solutions provider, Adani Energy Solutions Limited (AESL), on Tuesday announced that it has signed a binding securities purchase and subscription agreement (SPSA) to acquire a 100 per cent stake in smart metering company IntelliSmart Infrastructure Private Limited in a transaction valued at Rs 3,050 crore.The proposed acquisition will strengthen AESL’s position in the smart metering segment and take its total smart meter portfolio to more than 4….
Latest Adani Energy Solutions Limited News & Updates
Ahmedabad, April 23 (IANS) Adani Energy Solutions Limited (AESL) on Thursday reported a robust 32 per cent adjusted net profit growth (year-on-year) at Rs 2,393 crore in FY26, aided by double-digit EBITDA growth and flat depreciation during the year.EBITDA rose 12.7 per cent YoY to a record Rs 8,726 crore, supported by strong growth in the transmission and smart metering segments and steady performance in the distribution business, the Adani Group company said in an exchange filing.Total income …
Ahmedabad, Feb 5 (IANS) In a significant development, Adani Energy Solutions Limited (AESL) on Thursday became the first player in India, and perhaps globally, to have successfully delivered 1 crore electricity smart meters across discoms — with the next 1 crore projected to be delivered in the coming financial year (FY27).As India’s leading AMISP (Advanced Metering Infrastructure Service Provider), AESL has a mandate to install 2.5 crore smart meters across five states. At 25,000 per day, i…
Ahmedabad, Jan 22 (IANS) Adani Energy Solutions Limited (AESL) on Thursday reported a 30 per cent year-on-year (YoY) rise in its adjusted profit after tax (PAT) for the third quarter of the current financial year (Q3 FY26), supported by robust execution across its key business segments despite a challenging operating environment.EBITDA for the quarter touched an all-time high of Rs 2,210 crore — marking a 21 per cent increase compared to the same period last financial year, according to its sto…
Ahmedabad, Jan 15 (IANS) Moody’s Ratings on Thursday revised the outlook on Adani Ports and Special Economic Zone’s (APSEZ) ratings to stable from negative, along with reaffirming ‘Baa3’ investment grade rating — reflecting confidence in APSEZ’s creditworthiness and long-term financial prospects.Moody’s Ratings also affirmed Baa3 senior secured ratings of Adani Transmission Step-One Limited (ATSOL) and Adani Electricity Mumbai Limited (AEML), along with affirming the ‘(P)Baa3 senior…
Ahmedabad, Jan 13 (IANS) Adani Energy Solutions Limited (AESL) on Tuesday announced its operational highlights in the third quarter (Q3 FY26), in which the Adani Group company secured a major transmission project worth around Rs 18,000 crore, apart from further expanding its transmission network.The order, named the KPS III (Khavda South Olpad) HVDC project, will enable the evacuation of 2,500 MW of renewable energy from the Khavda Renewable Energy Park in Gujarat’s Kutch district to Olpad nea…