24 May 2025, Sat

India’s second richest person Gautam Adani’s company, Adani Energy Solutions Limited (AESL) has received a major order. Adani Energy Solutions Limited said on Friday that it has achieved a power transmission project of Rs 2,800 crore in Gujarat. In the exchange filing, AESL reported that this project will supply green energy for the production of green hydrogen and green ammonia in Mundra, Gujarat.

57 thousand crore is order book

The company said during the exchange file that it is its sixth order in this financial year, which has reached its order book to Rs 57,561 crore. The project, “Transmission System for Green Hydrogen/Ammonia Production Capacity in Mundra, Gujarat, includes upgrading the new (Mundra) Electrical Substation, adding two large 765/400kv (kW) transformers. Apart from this, a 75 km long 765kV double-circuit line will be made to connect this substation to Bhuj substation.

This project will add 150 ckm (circuit kilometers) transmission lines and 3,000 MVA (Megavolt-Ampier) transformation capacity to AESL’s total transmission infrastructure. With this, the total transmission network of the company will be 25,928 ckm and the transformation capacity will be 87,186 MVA.

Bid won through TBCB

AESL won this project under tariff-based competitive bid (TBCB) Mechanism, and PFC Consulting Limited was the coordinator of the bidding process. Project SPV was formally transferred to AESL on 20 March 2025.

Adani group company AESL is a multidimensional organization, which is present in different aspects of the energy sector such as power transmission, distribution, smart metering and cooling solutions. It is the largest private transmission company in the country, which has a total transmission network 25,928 CKM and transformation capacity of 87,186 MVA.

Impact can be seen on shares on Monday

As soon as the information of this order of Adani Energy Solutions was received, the shares of the company saw a boom. On Friday, the shares of Adani Energy Solutions LTD saw a rise of 1.83 per cent. Experts believe that the shares can be seen in the shares on Monday also.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

Also read: India Remittance Report: Neither UP-Bihar nor any state of South India, BJP-ruled this state is the highest foreign money coming in this state

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