Adani Energy Solutions Expands Order Book to Rs 547 Billion

20 Jan 2025 CW Team

In the third quarter of FY25 (October-December 2024), AESL secured two large transmission projects worth Rs 284.55 billion in Rajasthan, linked to a renewable energy park. The most notable of these is the Rs 250 billion Bhadla-Fatehpur HVDC transmission project, marking AESL's largest order win to date. These new contracts have propelled AESL's market share in Tariff-Based Competitive Bidding (TBCB) orders to 24%, up from 17% in the previous quarter.

AESL also made strides in expanding its transmission infrastructure, commissioning a new transmission line that added over 1,000 circuit kilometers, bringing its total network to 26,485 circuit kilometers and a transformation capacity of 84,286 MVA. This represents a substantial growth from 20,422 cKM and 54,661 MVA in December 2023. On the distribution front, AESL supplies power to over 3 million customers in Mumbai and the Mundra SEZ. The company reported a 3% increase in power sales in Mumbai, totalling 2.57 billion units, while sales in Mundra saw a 30% jump, reaching 236 million units.

AESL is also increasing its focus on smart metering, having emerged as the lowest bidder for a cancelled tender to supply 8.2 million smart meters in Tamil Nadu. The company plans to add 4.5 million smart meters by FY25 and a total of 10 million by FY26. Analysts expect AESL to see a 16% revenue compound annual growth rate (CAGR) and a 62% profit CAGR from FY24 to FY27, driven by growth in both its transmission and distribution businesses.

AESL’s management is prioritising capital management by focusing on long-tenure bonds and refinancing debt to align with the life of its assets at fixed rates. The company is also mitigating risks through vendor agreements and land studies to expedite project execution. However, potential risks such as interest rate fluctuations and market share losses could impact AESL’s financial performance. (Financial Express)

Adani Energy Solutions Limited (AESL), a leading electricity transmission and distribution company electricity transmission and distribution company, has expanded its order book to Rs 547 billion, a significant increase from Rs 170 billion at the start of fiscal year 2024-25. This growth follows the company’s successful acquisition of two major transmission projects, boosting its market position. In the third quarter of FY25 (October-December 2024), AESL secured two large transmission projects worth Rs 284.55 billion in Rajasthan, linked to a renewable energy park. The most notable of these is the Rs 250 billion Bhadla-Fatehpur HVDC transmission project, marking AESL's largest order win to date. These new contracts have propelled AESL's market share in Tariff-Based Competitive Bidding (TBCB) orders to 24%, up from 17% in the previous quarter. AESL also made strides in expanding its transmission infrastructure, commissioning a new transmission line that added over 1,000 circuit kilometers, bringing its total network to 26,485 circuit kilometers and a transformation capacity of 84,286 MVA. This represents a substantial growth from 20,422 cKM and 54,661 MVA in December 2023. On the distribution front, AESL supplies power to over 3 million customers in Mumbai and the Mundra SEZ. The company reported a 3% increase in power sales in Mumbai, totalling 2.57 billion units, while sales in Mundra saw a 30% jump, reaching 236 million units. AESL is also increasing its focus on smart metering, having emerged as the lowest bidder for a cancelled tender to supply 8.2 million smart meters in Tamil Nadu. The company plans to add 4.5 million smart meters by FY25 and a total of 10 million by FY26. Analysts expect AESL to see a 16% revenue compound annual growth rate (CAGR) and a 62% profit CAGR from FY24 to FY27, driven by growth in both its transmission and distribution businesses. AESL’s management is prioritising capital management by focusing on long-tenure bonds and refinancing debt to align with the life of its assets at fixed rates. The company is also mitigating risks through vendor agreements and land studies to expedite project execution. However, potential risks such as interest rate fluctuations and market share losses could impact AESL’s financial performance. (Financial Express)

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Infrastructure Urban

09 Jan 2026

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..