Adani Energy’s Transmission Network Grows 26% On Year

Adani Energy Solutions Ltd.'s transmission network reached 26,696 circuit kilometres by the end of the June quarter, a 26% on-year jump from 21,187 circuit km, driven by new order wins, the company said in its quarterly operational update on Friday.

The company’s power transformation capacity also rose to 93,236 MVA from 57,186 MVA a year ago.

Electricity sales during April-June fell slightly to 2.94 billion units from 2.96 billion units a year earlier, as the early onset of monsoon lowered demand from industrial users. Industrial demand accounted for 11% of total volume sold, down from 12% last year, while residential demand rose to 52% from 51%. The commercial segment remained flat at 37%.

Segment-wise revenue contribution reflected this shift: industrial users accounted for 10% of April-June revenue, while commercial and residential contributed 37% and 53%, respectively. The company had 3.24 million customers at the end of June, up from 3.20 million a year ago, led by additions in the Mumbai circle.

Adani Energy’s transmission portfolio includes 29 operational projects totalling 19,633 circuit km valued at ₹533 billion, and 13 under-construction projects worth ₹593 billion, which are expected to add 7,063 circuit km by June 2029.

The company has installed 5.55 million smart meters so far and is currently deploying them at a daily run rate of 25,000–27,000. With nine ongoing orders covering 22.8 million smart meters to be executed over 120 months at ₹272 billion, Adani Energy aims to install 7 million smart meters in 2025-26 and cross 10 million cumulatively by end of the fiscal.