Ahmedabad, Feb 9 (IANS) Adani Energy Solutions Ltd (AESL) on Monday said it has secured long-term financing from a consortium of Japanese banks for its flagship high-voltage direct current (HVDC) transmission project.This project will ensure a 6,000 MW green evacuation corridor designed to strengthen the flow of renewable power across northern India — enough to power 60 million households.The 950-kilometre corridor will connect Bhadla in Rajasthan to Fatehpur in Uttar Pradesh. Scheduled for com…
Latest AESL News & Updates
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…