Company Adani Energy Solutions Limited

ADANIENSOL

INE931S01010

Electric Utilities

End-of-day quote NSE India S.E. Other stock markets 16/01/2026			5-day change	1st Jan Change
908.70 ^INR	-1.51%		-5.40%	-11.55%

24/12	Adani Energy Solutions Limited, Q2 2026 Earnings Call, Oct 28, 2025
22/12	GE Vernova gets contract for HVDC technology in Adani's 2.5-GW transmission corridor in India	RE

Business description: Adani Energy Solutions Limited

Adani Energy Solutions Limited is an India-based holding company. The Company is a private utility providing end-to-end energy solutions. Its segments include Transmission, GTD Business, Smart Metering, and Trading. The Transmission segment is engaged in providing transmission lines for transmission of power. The GTD Business segment is engaged in the generation, transmission, and distribution (GTD) of power business for Mumbai city (Mumbai GTD Business) and Mundra distribution. The Smart Metering segment focuses on supply, installing and maintaining of a Smart Metering Project on a Design-Build-Finance-Own-Operate-Transfer (DBFOOT) basis. The Trading segment is involved in trading activity of goods. It owns and operates various high voltage AC transmission lines and substations. It also offers cooling solutions and others. The Company has approximately 21,783 circuit kilometers (ckm) of transmission lines and 61,686 mega volt amp (MVA) of transformation capacity.

Number of employees: 4,191

Sales by Activity: Adani Energy Solutions Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Distribution	6.05TCr	6.97TCr	8.59TCr	10TCr	12TCr
Transmission	3.12TCr	3.47TCr	3.95TCr	5.11TCr	8.33TCr
Others	-	-	-	-	1.79TCr
Trading	756.63Cr	821.91Cr	755.65Cr	1.03TCr	1.38TCr
Smart Metering	-	-	-	290.86Cr	-

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Geographical breakdown of sales: Adani Energy Solutions Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
India	9.93TCr	11TCr	13TCr	17TCr	24TCr

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Executive Committee: Adani Energy Solutions Limited

Manager	Title	Age	Since
Kandarp Suryakant Patel CEO	Chief Executive Officer	53	02/11/2022
Kunjal Mahendra Mehta DFI	Director of Finance/CFO	-	01/04/2024
Jaladhi Atulchandra Shukla CMP	Compliance Officer	-	30/03/2015
Anil Kumar Sardana CEO	Chief Executive Officer	66	10/05/2018
Vijil Jain IRC	Investor Relations Contact	-	-

See ADANI ENERGY SOLUTIONS LIMITED governance

Composition of the Board of Directors: Adani Energy Solutions Limited

Director	Title	Age	Since
Gautambhai Shantilal Adani CHM	Chairman	63	17/06/2015
Rajesh Shantilal Adani BRD	Director/Board Member	61	17/06/2015
Anil Kumar Sardana BRD	Director/Board Member	66	10/05/2018
Lisa MacCallum BRD	Director/Board Member	54	30/11/2021
Kandarp Suryakant Patel BRD	Director/Board Member	53	31/05/2025
Hemant Madhusudan Nerurkar BRD	Director/Board Member	77	31/05/2025
Chandra Iyengar BRD	Director/Board Member	75	31/05/2025
Anil Ahuja BRD	Director/Board Member	63	29/11/2025

Composition of the Board of Directors

Shareholders: Adani Energy Solutions Limited

Name	Equities	%	Valuation
Adani Sb Family 50.08 %	60,16,34,660	50.08 %	6 890 M ₹
Adani Tradeline Pvt Ltd 8.126 %	9,76,17,325	8.126 %	1 118 M ₹
GQG Partners LLC 5.098 %	6,12,38,436	5.098 %	701 M ₹
Envestcom Holding RSC Ltd. 4.595 %	5,52,00,000	4.595 %	632 M ₹
Gelt Bery Trade Investment Ltd. 4.59 %	5,51,33,600	4.59 %	631 M ₹

List of ADANI ENERGY SOLUTIONS LIMITED shareholders

Company details: Adani Energy Solutions Limited

Adani Energy Solutions Ltd.

Adani Corporate House

382421, Ahmedabad

+91 79 2555 7555

http://www.adanienergysolutions.com

address Adani Energy Solutions Limited(ADANIENSOL)

Group companies: Adani Energy Solutions Limited

Name	Category and Sector
Sunrays Infra Space Pvt Ltd.
Sunrays Infra Space Pvt Ltd.
Warora-Kurnool Transmission Ltd. Warora-Kurnool Transmission Ltd. Provides electricity transmission services
Warora-Kurnool Transmission Ltd. Warora-Kurnool Transmission Ltd. Provides electricity transmission services
Lakadia Banaskantha Transco Ltd. Lakadia Banaskantha Transco Ltd. Provides electricity transmission and distribution services

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Other Electric Utilities

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi.($)
ADANI ENERGY SOLUTIONS LIMITED	-1.51%	-5.40%	+12.86%	-66.65%	1.2TCr
GE VERNOVA INC.	+6.12%	+9.49%	+69.79%	-	18TCr
NEXTERA ENERGY	+1.75%	+4.68%	+18.19%	-2.46%	17TCr
IBERDROLA, S.A.	+1.53%	-1.75%	+39.62%	+70.37%	14TCr
CONSTELLATION ENERGY CORPORATION	-9.82%	-10.16%	-2.73%	+269.09%	11TCr
ENEL S.P.A.	+1.18%	+1.65%	+31.43%	+63.28%	11TCr
SOUTHERN COMPANY	+0.14%	+2.17%	+5.96%	+26.91%	9.79TCr
DUKE ENERGY CORPORATION	+0.27%	+2.07%	+9.12%	+14.39%	9.27TCr
AMERICAN ELECTRIC POWER COMPANY, INC.	+0.47%	+2.61%	+23.35%	+26.46%	6.41TCr
VISTRA CORP.	-7.54%	+0.14%	-2.49%	+652.14%	5.64TCr
Average	-0.74%	+0.55%	+20.51%	+117.06%	10.46TCr
Weighted average by Cap.	+0.30%	+1.80%	+26.57%	+102.47%