Adani Energy Solutions Ltd (Adani Energy), formerly Adani Transmission Ltd, is an electric utility. The company carries out the transmission and distribution of electric energy. It owns, operates, and maintains transmission lines and extra-high voltage (EHV) substations. Adani Energy also engineers, procures and constructs the projects. The Company transmits power through a network of high-voltage AC transmission lines that operate at 132kV, 220kV, 400kV, and 765kV voltage levels along with high-voltage DC transmission lines operating at +/- 500kV voltage levels. The company has transmission systems in the Northern and Western regions of India. It operates as a subsidiary of Adani Group. Adani Energy is headquartered in Ahmedabad, Gujarat, India.
Headquarters
India
Address
Adani House, Nr. Mithakhali Six Roads, Navrangpura, Ahmedabad, Gujarat, 382421
Website
www.adanitransmission.com
Telephone
91 79 25555555
No of Employees
5,002
Industry
Power
Ticker Symbol & Exchange
ADANIENSOL (NSE)
Revenue (2022)
$1.7B
18.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
1.5%
(2022 vs 2021)
Market Cap*
$14.3B
Net Profit Margin (2022)
XYZ
-14.1%
(2022 vs 2021)
* As of and is in US$
Adani Energy Solutions Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Electricity Transmission |
| Distribution |
| EPC Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company and Bharti Airtel’s enterprise unit entered into an agreement to connect the power supplier’s smart meters across India to its NB-IoT and 4G networks. |
| 2023 | Others | In December, the company secured the letter of intent for the acquisition of Halvad Transmission Ltd from PFC Consulting Limited. |
| 2023 | Contracts/Agreements | In December, Adani Transmission Step-Four formed a joint venture with Esyasoft Holdings to execute smart metering initiatives in both domestic and international markets. |
Competitor Comparison
| Key Parameters | Adani Energy Solutions Ltd | NTPC Ltd | The Tata Power Co Ltd | Power Grid Corporation of India Ltd | JSW Energy Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Ahmedabad | New Delhi | Mumbai | Gurgaon | Mumbai |
| State/Province | Gujarat | Delhi | Maharashtra | Haryana | Maharashtra |
| No. of Employees | 5,002 | 20,818 | 3,071 | 8,342 | 2,310 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gautam Adani | Chairman | Executive Board | - | - |
| Rajesh S. Adani | Director | Executive Board | - | - |
| Anil Sardana | Managing Director - Thermal Power; Managing Director | Executive Board | - | - |
| Kunjal Mehta | Chief Financial Officer | Senior Management | 2024 | - |
| Kandarp Patel | Chief Executive Officer - Distribution Business | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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