Adani Energy Solutions Ltd
23 Jan 2025 12:00 AM
Adani Energy Solutions consolidated net profit rises 72.91% in the December 2024 quarter,
Net profit of Adani Energy Solutions rose 72.91% to Rs 561.78 crore in the quarter ended December 2024 as against Rs 324.90 crore during the previous quarter ended December 2023. Sales rose 27.78% to Rs 5830.26 crore in the quarter ended December 2024 as against Rs 4562.73 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales5830.264562.73 28 OPM %28.4832.23 - PBDT1021.75972.29 5 PBT559.37514.65 9 NP561.78324.90 73 Powered by Capital Market - Live News
Adani Energy Solutions Ltd
21 Jan 2025 12:00 AM
Adani Energy Solutions bags Rs 25,000 cr Bhadla-Fatehpur HVDC Project,
Adani Energy Solutions (AESL) has won the prestigious ~Rs 25,000 crore Bhadla (Rajasthan)- Fatehpur (Uttar Pradesh) HVDC (High Voltage Direct Current) order. It is AESL`s largest order win till date, taking its under execution order book to Rs 54,761 crore and transmission network to 25,778 ckm and 84,186 MVA transformation capacity. AESL won the project under Tariff Based Competitive Bidding (TBCB) mechanism and REC Power Development & Consultancy (RECPDCL) was the bid process coordinator. The project SPV got formally transferred to AESL on 20 January 2025. Called �Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part I�, the project includes establishment of 6,000 MW HVDC (High Voltage Direct Current) system between Bhadla to Fatehpur (~2400 ckm) along with 7500 MVA transmission capacity. The project will help evacuate 6 GW renewable energy from various REZs in Rajasthan beyond Bhadla-III to demand centers of North India and to the national grid. AESL will deliver the project in 4.5 yearsPowered by Capital Market - Live News
Adani Energy Solutions Ltd
20 Jan 2025 12:00 AM
Adani Energy Solutions announces board meeting date,
Adani Energy Solutions will hold a meeting of the Board of Directors of the Company on 23 January 2025.Powered by Capital Market - Live News
Adani Energy Solutions Ltd
19 Dec 2024 12:00 AM
Adani Energy Solutions incorporates WoS Adani Energy Solutions Step-Ten,
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 News
Adani Energy Solutions Ltd
27 Nov 2024 12:00 AM
Adani Energy Solutions receives credit ratings from various agencies,
Adani Energy Solutions has received credit ratings as under:1 ICRA - Reaffirmed the credit rating of Commercial Papers as ICRA A1+. 2 India Ratings & Research - Reaffirmed the credit ratings of the Company and its operating subsidiaries as debt rated at `IND AA+`/Stable. 3 Moody`s - Adani Transmission Step-One (ATSOL) a subsidiary of the Company - Baa3 ratings affirmed; 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 News
Subscribe for our
newsletter
newsletter