Adani Energy Solutions will hold a meeting of the Board of Directors of the Company on 23 January 2025.Powered by Capital Market - Live

SIPL is incorporated in India and registered with the Registrar of Companies, Ahmedabad, Gujarat on 5 July 2021 with an object for carrying out Infrastructure development activities. SIPL holds development rights of land admeasuring 3,000 square meters situated at Bandra Kurla Complex ('BKC'). According to the regulatory filing, the company has executed share purchase agreement (SPA) on 17 January 2025. The main purpose of acquisition is to set up 220kv Extra High-Voltage (EHV) substation. SIPL holds development rights of land admeasuring 3,000 square meters situated at Bandra Kurla Complex ('BKC') and AEML is developing 220kv Extra High-Voltage (EHV) substation on said land under the regulatory approvals. The acquisition cost is an aggregate consideration of Rs 475 crore, determined based on an independent valuation report. The transaction is expected to be completed within fifteen working days from the execution date of the share purchase agreement (SPA). APPL is an entity under common control. The transaction will be done at arms' length basis and consideration is determined on basis of Independent Valuation Report. The official announcement was made on 17 January 2025 after market hours. Adani Energy Solutions (formerly known as Adani Transmission (ATL)) is the transmission and distribution business arm of the Adani Group, one of India's largest business conglomerates. It is the country's largest private transmission company, holding an operational portfolio of 28 projects and an under-implementation portfolio of nine transmission and nine smart meter projects with a cumulative transmission network of more than 20,509 circuit km (ckm). The company's consolidated net profit surged 144.7% to Rs 674.96 crore in Q2 FY25 as against Rs 275.88 crore posted in Q2 FY24. Revenue form operations jumped 68.3% YoY to Rs 6,183.70 crore in Q2 FY25. Powered by Capital Market - Live

Adani Energy Solutions Ltd is up for a fifth straight session today. The stock is quoting at Rs 820.9, up 1.96% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 23337.8. The Sensex is at 77167.78, up 0.72%. Adani Energy Solutions Ltd has gained around 6.16% in last one month. Meanwhile, Nifty Energy index of which Adani Energy Solutions Ltd is a constituent, has gained around 0.74% in last one month and is currently quoting at 34686.1, up 0.58% on the day. The volume in the stock stood at 14.72 lakh shares today, compared to the daily average of 22.87 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 825.6, up 2.23% on the day. Adani Energy Solutions Ltd is down 22.27% in last one year as compared to a 9.88% jump in NIFTY and a 1.64% jump in the Nifty Energy index.The PE of the stock is 217.74 based on TTM earnings ending September 24.Powered by Capital Market - Live

Adani Energy Solutions Ltd gained for a third straight session today. The stock is quoting at Rs 790.15, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77055.77, up 0.43%. Adani Energy Solutions Ltd has slipped around 2.85% in last one month. Meanwhile, Nifty Energy index of which Adani Energy Solutions Ltd is a constituent, has slipped around 5.92% in last one month and is currently quoting at 33821.2, up 1.18% on the day. The volume in the stock stood at 18.33 lakh shares today, compared to the daily average of 21.07 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 795.35, up 1.97% on the day. Adani Energy Solutions Ltd is down 27.32% in last one year as compared to a 8.08% jump in NIFTY and a 1.81% jump in the Nifty Energy index.The PE of the stock is 210.86 based on TTM earnings ending September 24.Powered by Capital Market - Live

 Adani Energy Solutions has incorporated a wholly owned subsidiary company in the name of 'Adani Energy Solutions Step-Ten on 18 December 2024. This new company will be engaged in transmission, distribution and supply of power and other infrastructure services relating thereto.Powered by Capital Market - Live

Adani Energy Solutions has incorporated wholly owned subsidiary company in the name of 'Adani Energy Solutions Step-Eleven' on 17 December 2024. The new company will be engaged in transmission, distribution and supply of power and other infrastructure services relating thereto.Powered by Capital Market - Live

The Letter of Intent was received under Phase-III Part-I through the Tariff-Based Competitive Bidding Process. The LoI is contingent upon the company's unconditional acceptance and meeting certain conditions within 10 days of issuance and is subject to the execution of binding agreements between the parties. Adani Energy Solutions (formerly known as Adani Transmission (ATL)) is the transmission and distribution business arm of the Adani Group, one of India's largest business conglomerates. It is the country's largest private transmission company, holding an operational portfolio of 28 projects and an under-implementation portfolio of nine transmission and nine smart meter projects with a cumulative transmission network of more than 20,509 circuit km (ckm). REC, a Navratna company under the Ministry of Power, provides financial assistance to the power sector in all segments. It funds its business with market borrowings of various maturities, including bonds and term loans, apart from foreign borrowings. Shares of Adani Energy Solutions fell 0.83% to Rs 809.45, while those shares of REC shed 0.36% to Rs 541.70 on the BSE.Powered by Capital Market - Live

Adani Energy Solutions Ltd rose 7.41% today to trade at Rs 710.25. The BSE Utilities index is up 1.11% to quote at 5733.35. The index is down 6.91 % over last one month. Among the other constituents of the index, Adani Green Energy Ltd increased 6.99% and Adani Power Ltd added 4.62% on the day. The BSE Utilities index went up 43.41 % over last one year compared to the 19.93% surge in benchmark SENSEX. Adani Energy Solutions Ltd has lost 23.67% over last one month compared to 6.91% fall in BSE Utilities index and 0.17% drop in the SENSEX. On the BSE, 1.65 lakh shares were traded in the counter so far compared with average daily volumes of 4.25 lakh shares in the past one month. The stock hit a record high of Rs 1347.9 on 01 Aug 2024. The stock hit a 52-week low of Rs 588.25 on 27 Nov 2024.Powered by Capital Market - Live

Adani Energy Solutions has received credit ratings as under: 1 ICRA  - Reaffirmed the credit rating of Commercial Papers as ICRA A1+. 2 India Ratings outlook changed to negative from stable. - Adani Transmission Restricted Group 1 (AESL RG1), which comprises Barmer Power Transmission Service; Raipur-Rajnandgaon-Warora Transmission; Sipat Transmission ; Thar Power Transmission Service ; Hadoti Power Transmission Service ; Chhattisgarh-WR Transmission - Baa3 ratings affirmed; outlook changed to negative from stable. - Adani Electricity Mumbai (AEML) - Baa3 ratings affirmed; outlook changed to negative from stable. 4. Fitch Ratings  - Placed Adani Energy Solutions' (AESL) LongTerm Foreign- and Local-Currency Issuer Default Ratings of 'BBB-' and the 'BBB-' ratings on Adani Electricity Mumbai's (AEML) senior secured notes on Rating Watch Negative (RWN). The 'BBB-' ratings on the notes issued by AESL's subsidiary, Adani Transmission Step-One, have also been placed on RWN. Powered by Capital Market - Live

Adani Energy Solutions announced that S&P Global Ratings have reaffirmed the ratings of the Adani Electricity Mumbai, a material Subsidiary of the Company at 'BBB-' and changed the outlook from 'Stable' to 'Negative. Powered by Capital Market - Live