2024-25 Integrated Annual Report

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Investor Relations

adanienergysolutions.com

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Business Model

Integration-driven value creation

Financial capital

  • ₹23,011 crore net worth
  • ₹62,987 crore asset base
  • ₹8,431 crore in cash and cash equivalents

Manufactured Capital

  • 26,696 ckm of Transmission Lines
  • 79 Substations
  • 90,236 MVA power Transformation capacity
  • 8,241 kms of OPGW fibre network
  • ~31 lakh smart meters installed

Intellectual Capital

  • ₹2.76 crore (grid) / ₹23.27 crore (retail electricity) investments in digital transformation and automation initiatives
  • ₹2,015 crore investment in smart grid upgradation
  • 85% of total investments in Renewable evacuation in Transmission
  • ₹4.99 crore investments in capacity building for corporate learning

Human Capital

  • 1,881 permanent employees
  • 5,392 contractual workforce
  • 5% female representation
  • 83% workforce consists of engineers and professionals
  • 2,95,697 hours of learning and development
  • ₹29.74 crore spent on employee well-being initiatives

Social and Relationship Capital

  • 713 suppliers
  • 98% of local sourcing
  • ₹43.84 crore spent on CSR
  • 3.18 million electricity customers

Natural Capital

  • 6,24,000 trees planted
  • 3.3 MW of captive solar capacity
  • ₹2,015 crore invested in eco-friendly technologies
  • 10,29,334 KL fresh water withdrawal
  • 700 MW wind solar hybrid power purchased

Culture

  • Passion: Performing with enthusiasm and energy
  • Results: Consistency in achieving goals
  • Integration: Working across functions and businesses to create synergies
  • Dedication: Working with commitment in the pursuit of our time

Vision

To be a world class leader in businesses that enrich lives, create sustainable value and contribute to nation-building

Power Transmission and Distribution

Transmission

Operating and maintaining power transmission assets with high availability

25 TBCBTransmission assets
5RAB Assets

End Users

Reliable electricity to retail customers

31,85,717Retail customers in AEML

Distribution

Operating and maintaining distribution network with minimal losses and best of reliability

485 sq kmLicensed distribution area in Mumbai and Mundra SEZ
352.38 million units Green unit supplied in AEML

Products and Services

Smart Metering

Executing projects under TOTEX model (capex + opex)

2.28 crore Smart meter order book

Cooling Solutions

Offer Cooling as a Service model (CaaS)

  • Safety Culture
  • ESG Integration
  • Efficient Capital
  • Allocation and Execution Capabilities
  • Portfolio of Efficient Operating Assets
  • Robust Financial Profile
  • Business Excellence
Enablers

Development and construction expertise

Skilled workforce

Operational and execution excellence

Capital management and allocation

Cutting-edge technologies

Collaborative partnerships

Innovation

Sustainable practices

Financial capital

  • 15 transmission & 9 Smart metering projects with total contract value of ₹73,563 crore
  • ₹17,057 crore operating revenue
  • ₹7,746 crore EBITDA
  • ₹1,810 crore Adjusted PAT#*
  • 3.2x Net Debt to EBITDA ratio
  • ₹132 crore incentive earned in transmission

Intellectual Capital

  • 83.34% of total collection through digital payments in AEML
  • 98,828 hours of training to employees related to new technologies
  • 2 strategic partnerships with technology providers

Social and Relationship Capital

  • 98% raw material / service procured from local vendors
  • 100% suppliers screened with ESG criteria
  • 59,332 CSR beneficiaries
  • 100% of consumer complaints resolved in AEML & MUL
  • 101.03% collection efficiency in AEML & 99.74% collection efficiency in MUL

Manufactured Capital

  • 30.17% y-o-y increase in transmission network in ckm & 58.27% y-o-y increase in transformation capacity MVA
  • ~28% Market share in TBCB bids
  • ~17% Market share in Smart meter bids
  • 99.7% transmission system availability
  • 99.996% / 99.960% supply reliability (ASAI) in distribution in AEML / MUL
  • Improvement in distribution losses to 4.77% vs 5.29% in FY 2023-24 in AEML & to 2.32% vs 2.62% in FY 2023-24 in MUL

Human Capital

  • Employee productivity at ₹4.12 crore EBITDA/employee
  • Attrition rate at 15.15% (Industry average at ~20%)
  • 1 fatality (Contractor worker)
  • Great place to work certified

Natural Capital

  • 35.20% of clean energy mix achieved
  • Zero waste to landfill across all operational sites
  • 73.7% reduction (w.r.t. FY 2019-20) in GHG emission intensity
  • 12.8% y-o-y reduction in Non- hazardous waste generation
  • +40% hazardous waste generation
  • 148.90 Ha of forest area avoided with route diversion & optimisation
  • Compensatory afforestation over 1,198 hectare

#Adjusted for an exceptional item due to carve-out of the Dahanu power plant of ₹1,506 crore.

*Adjusted for regulatory income of ₹148 crore in T&D segments and net one-time deferred tax reversal of ₹469 crore in AEML distribution business.

Awards and Accolades
Stakeholder Engagement