A significant victory has been achieved by Adani Energy Solutions Limited (AESL), a major participant in the power transmission industry in India, with a ₹2,800 crore transmission infrastructure project in Gujarat. The announcement heightened investor optimism, and the company’s share price increased by 3% during the day. AESL was up 1.83% at ₹830 per share at the end of the day.
Project Overview
The new venture is part of India’s future in clean energy, with its emphasis on delivering green electricity to green hydrogen and green ammonia units in Mundra, Gujarat.
Key Features of the Project:
| Component | Details |
|---|---|
| Project Value | ₹2,800 crore |
| Location | Mundra, Gujarat |
| Completion Timeline | 36 months |
| Substation Upgrades | 2 x 765/400kV transformers at Navinal (Mundra) |
| Transmission Line | 75 km of 765kV double-circuit line to Bhuj |
| Infrastructure Additions | 150 circuit km lines, 3,000 MVA transformation capacity |
| Post-Completion Capacity | 25,928 cKM & 87,186 MVA |
“This strategic project is pivotal in strengthening our renewable energy evacuation capacity,” an AESL official stated in a regulatory filing on March 21.
Market Reaction: Share Price Performance
AESL’s stock reflected strong investor confidence after the announcement. Here’s a snapshot of its recent performance:
| Period | Change in Share Price |
|---|---|
| 1 Day (Intraday) | +3% (closed at +1.83%) |
| Past 5 Days | +5% |
| Past 1 Month | +24% |
| Past 6 Months | +19% |
| Past 1 Year | -17% |
Order Book Update
This Gujarat project marks AESL’s sixth major contract in FY25, pushing its total order book to a substantial ₹57,561 crore.
Order Book Evolution
| Metric | Value (FY25 YTD) |
|---|---|
| No. of Orders Secured | 6 |
| Cumulative Order Book | ₹57,561 crore |
| Regulatory Transfer Date | March 20, 2025 |
| Project Allocation Method | TBCB (Tariff Based Competitive Bidding) |
| Bid Coordinator | PFC Consulting Limited |
Financial Health: Q3 Profit Soars
AESL’s profitability jumped 73% in Q3 FY25, indicating sound financial health and operational efficiency. This performance reflects the company’s aggressive foray into infrastructure growth and green energy logistics.
Cementing Leadership
With this project, AESL reaffirms its leadership position in India’s transmission market while significantly contributing to India’s energy transition. With India turning towards decarbonisation, Adani Energy Solutions stands to be one of the principal enablers
Also Read: Adani Energy secures mega Rs 25,000-crore Bhadla- Fatehpur power deal
