+
Adani Energy Plans Rs 160-180 Bn Capex for FY26 Growth
POWER & RENEWABLE ENERGY

Adani Energy Plans Rs 160-180 Bn Capex for FY26 Growth

Adani Energy Solutions Ltd (AESL) plans a capital expenditure of Rs 160-180 billion for FY26, focusing on transmission, smart meters, and distribution, according to Chief Executive Officer Kandarp Patel. The company will allocate Rs 120-130 billion for transmission, Rs 40 billion for smart meters, and Rs 16 billion for distribution.

AESL had incurred a capex of Rs 114.44 billion in FY25. The company’s transmission pipeline remains strong, with Rs 540 billion worth of inter-state transmission system (ISTS) projects in the bid-out stage. AESL expects states to increase transmission investments to absorb renewable power from ISTS projects.

In FY25, AESL secured a 28 per cent market share in transmission bidding, winning seven projects worth Rs 440 billion. In FY26, the company aims to deliver seven projects, including the Mumbai HVDC project, with a total capex of Rs 150 billion.

In distribution, AESL plans to bid for Uttar Pradesh’s discom privatisation and explore opportunities in Navi Mumbai. Under smart meters, it holds an order book of 22.8 million meters, with potential revenue exceeding Rs 271.95 billion. AESL targets installing 700,000 smart meters in FY26, aiming for a total installed base of 10 million units.

Source: Press Trust of India

Adani Energy Solutions Ltd (AESL) plans a capital expenditure of Rs 160-180 billion for FY26, focusing on transmission, smart meters, and distribution, according to Chief Executive Officer Kandarp Patel. The company will allocate Rs 120-130 billion for transmission, Rs 40 billion for smart meters, and Rs 16 billion for distribution.AESL had incurred a capex of Rs 114.44 billion in FY25. The company’s transmission pipeline remains strong, with Rs 540 billion worth of inter-state transmission system (ISTS) projects in the bid-out stage. AESL expects states to increase transmission investments to absorb renewable power from ISTS projects.In FY25, AESL secured a 28 per cent market share in transmission bidding, winning seven projects worth Rs 440 billion. In FY26, the company aims to deliver seven projects, including the Mumbai HVDC project, with a total capex of Rs 150 billion.In distribution, AESL plans to bid for Uttar Pradesh’s discom privatisation and explore opportunities in Navi Mumbai. Under smart meters, it holds an order book of 22.8 million meters, with potential revenue exceeding Rs 271.95 billion. AESL targets installing 700,000 smart meters in FY26, aiming for a total installed base of 10 million units.Source: Press Trust of India

Related Stories

Gold Stories

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code