Adani Energy Solutions Ltd wins ~Rs 2,800 Cr transmission project in Gujarat for Green Hydrogen/Ammonia manufacturing

Adani Energy Solutions Ltd (AESL), India's largest private transmission and distribution company and part of the globally diversified Adani portfolio, today said it has won a power transmission project in Gujarat, which will supply green electrons for manufacturing Green Hydrogen and Green Ammonia in Mundra, Gujarat. The project which will cost ~Rs 2,800 crore, will be delivered to the nation in 36 months.

This project "Transmission System for Green Hydrogen/Ammonia Manufacturing Potential in Mundra, Gujarat" involves upgrading the Navinal (Mundra) electrical substation by adding two large 765/400kV transformers. Additionally, a 75 km long 765kV double-circuit line will be constructed to connect this substation to the Bhuj substation.

The project will see the addition of 150 cKM of transmission lines and 3,000 MVA of transformation capacity to AESL's overall transmission infrastructure, taking them to 25,928 cKM and 87,186 MVA, respectively.

AESL won the project under the Tariff Based Competitive Bidding (TBCB) mechanism and PFC Consulting Limited was the bid process coordinator. The project SPV was formally transferred to AESL on March 20, 2025.

This is AESL's 6th order win this fiscal year, taking its orderbook to ~Rs 57,561 Cr.

Shares of Adani Energy Solutions Limited was last trading in BSE at Rs. 815.30 as compared to the previous close of Rs. 813.55. The total number of shares traded during the day was 69857 in over 2624 trades.

The stock hit an intraday high of Rs. 822.20 and intraday low of 790.00. The net turnover during the day was Rs. 56756448.00.

Source : Equity Bulls

Keywords

AdaniEnergySolutions INE931S01010 ElectricUtilities OrderWin TransmissionProject Gujarat GreenHydrogen GreenAmmonia Mundra