News

The board of Adani Energy Solutions at its meeting held on 01 July 2026 has approved raising of funds by way of issuance of equity shares or other eligible securities for an aggregate amount not exceeding Rs 10,000 crore by way of a qualified institutional placement.

Adani Energy Solutions will hold a meeting of the Board of Directors of the Company on 21 July 2026.

Adani Energy Solutions announced that ESG Risk Assessments and Insights Limited (ESG Risk.ai) has assigned its updated ESG rating of 73/ 100 for the Company.

Adani Energy Solutions will hold a meeting of the Board of Directors of the Company on 1 July 2026.

Adani Energy Solutions has executed a binding securities purchase and subscription agreement (�SPSA�) to acquire a 100% equity stake in IntelliSmart Infrastructure, a leading smart metering JV between National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL). The proposed acquisition will strengthen AESL`s position as India`s largest smart metering platform with over 4.7+ crore smart meters. The proposed Rs 3,050 crore transaction includes acquisition of the 100% of the equity share capital of IntelliSmart and redemption of the optionally convertible debentures of IntelliSmart held by NIIF. The transaction closing is subject to regulatory and other customary approvals.IntelliSmart is one of India`s leading owners and operators of smart meter assets, with a total portfolio of 2.2+ crore meters across Uttar Pradesh, Gujarat, Madhya Pradesh, Bihar and Assam. IntelliSmart`s presence across high-growth consumer markets provides a strong runway for future expansion.The acquisition is in line with AESL`s strategy to pursue value-accretive growth through both organic and inorganic opportunities. The acquisition is expected to deliver synergies through economies of scale, optimisation of operations and maintenance costs, and integration with AESL`s broader energy and infrastructure platform.