It is poised for future growth with its robust order book.
Powering Progress
The transmission business secured seven major projects, including the ₹25,000 crore Bhadla-Fatehpur HVDC system. Our transmission order book reached ₹59,936 crore, with new projects adding significant capacity. Anticipating ~₹1,50,000 crore in bidding opportunities next year, We aim to maintain 20-25% market share in transmission bids. In FY 2024-25, we have commissioned MP package - II project and completed acquisition of Mahan Sipat transmission line.
Our distribution business remains resilient, with high energy sales and robust supply reliability exceeding 99.9%. We accelerated our strategic energy transition to a pure-play energy solutions player by carving out the Dahanu Thermal Power Plant. We also ensured uninterrupted supply to Mumbai through extended PPAs and soon-to be-commissioned HVDC transmission lines, securing 2,000 MW of additional power for the Maximum City.
Despite initial challenges, we deployed 31 lakh Smart Meters in FY 2024-25 and aim for 60-70 lakh meters by FY 2025-26. With large auctions expected in several states, growth is robust.
Reimagining Energy
We are pioneering Cooling-as-a-Service (CaaS) with projects at Shantigram and Mundra. Our CaaS portfolio under development will exceed 52,000 TR (Tonne of Refrigeration), positioning Adani Energy Solutions as a leader in energy-efficient cooling. A pipeline of 2,40,000 TR spans airports, real estate, and commercial hubs.
We launched Commercial and Industrial (C&I) Power Solutions to offer tailored energy solutions for commercial and industrial customers, reinforcing our commitment to sustainable growth by ensuring rapid deployment, green power, and high reliability.
Adani Energy Solutions uses AI-powered grid intelligence, predictive analytics, and process automation to improve efficiency, reliability, and sustainability. By leveraging technology, we advance with precision and innovation, reflecting our digital-first approach.
Building Strength
Sustained growth hinges on efficiency, resilience, and strategic execution. Data-driven decisions, automation, and process innovation ensure scalable, disciplined, long-term value, reinforcing our leadership in the sector.
Competitiveness relies on sustainable capital management, maximising availability and moderating costs. This skill comes from strong credit ratings, trust from lending institutions, diversified financing sources, and long-term bonds aligned with asset longevity, balancing mutual interests of lenders and borrowers.
We invested ~₹11,400 crore in FY 2024-25, backed by an ₹8,373 crore QIP – the largest in India's power sector – solidifying our financial strength and ensuring long-term value. Our focus remains on execution, exploring new growth opportunities, and strengthening our market leadership.
Scaling with Responsibility
We excel in Environmental, Social and Governance (ESG) goals and are ranked among leaders by global rating agencies. On track to meet renewable energy and GHG emission targets, we power our operations fully with renewables. Social initiatives in healthcare, education, and livelihood support communities. Strong governance ensures transparency and accountability. Enhanced risk management and a robust compliance framework drive responsible growth.
We are Future-ready
Moving forward, we are expanding our footprint and reinforcing our foundation that will sustain our long-term growth. By investing in leadership, talent upskilling, and digital-first capabilities, we are building Adani Energy Solutions to thrive on agility, innovation, and continuous transformation for future energy demands.
Our journey is one of relentless progress – growing strength by strength, phase by phase. We are building a future-ready, resilient entity leading India’s energy transition with agile strategy and robust execution.
Kandarp Patel
Chief Executive Officer