Adani Energy Solutions Restricted (AESL) has received a ₹2,800 crore energy transmission project in Gujarat that may assist inexperienced hydrogen and ammonia manufacturing in Mundra, in line with a regulatory submitting dated March 21, 2025.
The shares of Adani Energy Solutions Restricted (AESL) had been buying and selling at ₹838.05 up by ₹22.95 or 2.82 per cent on the NSE at present at 12.50 pm.
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The corporate executed a Share Buy Settlement with PFC Consulting Restricted on March 20 to accumulate 100 per cent fairness shares of Mundra I Transmission Restricted (MITL), which can implement the project.
The brand new infrastructure will contain upgrading the Navinal substation in Mundra by including two 765/400kV transformers and setting up a 75-kilometre 765kV double-circuit line connecting to the Bhuj substation.
This acquisition, secured via Tariff Primarily based Aggressive Bidding, will add 150 circuit kilometres of transmission traces and three,000 MVA of transformation capability to AESL’s community. The project is predicted to be accomplished inside 36 months.
AESL, India’s largest personal transmission and distribution firm, acknowledged that is its sixth order win within the present fiscal yr, bringing its complete orderbook to roughly ₹57,561 crore.
The corporate at the moment operates a transmission community of 25,928 circuit kilometres with 87,186 MVA transformation capability and serves round 13 million customers in Mumbai and Mundra SEZ via its electrical energy distribution enterprise.
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