Introduction:
India’s largest private transmission company has secured a record ₹25,000 crore HVDC project to connect Rajasthan with Uttar Pradesh, facilitating the evacuation of 6 GW renewable energy. This transformative project highlights leadership in renewable energy integration and infrastructure expansion.
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Share price movement of Adani Energy Solutions:
On January 21, 2025, Adani Energy Solutions Ltd (AESL) opened at ₹819.95, up 0.34% from its previous close of ₹815.65. The stock reached a high of ₹826.00 (1.27%) and a low of ₹803.20. By 3:24 PM, it traded at ₹812.90, a 0.34% decline, with a market cap of ₹97,652.27 crore.
AESL Secures ₹25,000 Cr HVDC Project:
Adani Energy Solutions Ltd. (AESL), India’s largest private transmission and distribution company, has secured its largest order yet—a ₹25,000 crore High Voltage Direct Current (HVDC) project connecting Bhadla, Rajasthan, to Fatehpur, Uttar Pradesh.
The project, designed to evacuate 6 GW of renewable energy from Rajasthan to northern demand centers, will span approximately 2,400 ckm with a 7,500 MVA transmission capacity. AESL’s order book now totals ₹54,761 crore, reaffirming its leadership in energy infrastructure.
Awarded under the Tariff-Based Competitive Bidding mechanism, this 4.5-year Build, Own, Operate, and Transfer (BOOT) project marks AESL’s third HVDC venture. It strengthens national renewable energy integration and boosts AESL’s transformative capacity to 84,186 MVA.
Recent news on Adani Energy Solutions:
As of January 14, 2025, Adani Energy Solutions Ltd. expanded its transmission network to 26,485 ckm and secured two major projects, including a ₹25,000 crore HVDC project, while achieving a 54% YoY increase in transmission capacity.
Stock performance of Adani Energy Solutions for Period of 1 week, 6 months and 1 year:
Adani Energy Solutions Ltd. recorded a 5.76% gain over the past week, despite a 22.3% decline over six months and a 27.8% drop over the past year, reflecting mixed investor sentiment and market challenges.
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Shareholding pattern of Adani Energy Solutions:
All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 69.90% | 69.90% | 74.90% |
FII | 17.30% | 19% | 15.50% |
DII | 5.90% | 5.40% | 4.00% |
Public | 6.90% | 6.00% | 5.50% |
About Adani Energy Solutions:
Adani Energy Solutions Ltd. (NSE: ADANIENSOL), India’s largest private transmission company, operates a 25,778 ckm network and serves 13 million Mumbai and Mundra SEZ consumers. It leads in smart metering, green power, and sustainable energy distribution innovations.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.