Adani Energy Solutions, a leading company of the Adani Group, has taken another significant step towards expanding its business by securing a large order from Kenya. Under this contract, the company will build transmission lines and substations, for which it will receive $907 million. The company has a market cap of ₹1,22,866 crore, with its share price currently at ₹1,101.45. This project is part of efforts to improve energy distribution lines in Kenya.
Highlights:
- Adani Energy Solutions secures a $907 million order from Kenya
- The order involves building transmission lines and substations
- Company market cap stands at ₹1,22,866 crore
- Share price at ₹1,101.45, 52-week high at ₹1,348
- First quarter revenue increased by 46.80% to ₹5,378.55 crore
Important Points about Adani Energy Solutions:
| Feature | Details |
|---|---|
| Order Value | $907 million |
| Project Location | Kenya |
| Company Market Cap | ₹1,22,866 crore |
| Share Price | ₹1,101.45 |
| 52-Week High Price | ₹1,348 |
| Q1 Revenue | ₹5,378.55 crore |
Table of Contents
Business Expansion at Adani Group: Adani Energy Solutions
Adani Energy Solutions, a flagship company of the Adani Group, continues to embark on new projects to expand its business. Recently, the company secured a major order from Kenya, under which it will build transmission lines and substations.
About Adani Energy Solutions
Adani Energy Solutions is an India-based holding company that provides energy solutions. The company operates in the transmission, GTD (Generation, Transmission, and Distribution) business, and trading segments. In the transmission segment, the company offers transmission lines for the conveyance of electricity, while the GTD business segment involves the generation, transmission, and distribution of electricity for Mumbai and Mundra distribution. The trading segment involves the trading of goods.
Company’s Market Cap and Share Price
Adani Energy Solutions has a market cap of ₹1,22,866 crore. The current share price of the company is ₹1,101.45. Over the past five years, the company’s stock has seen a 415.54% increase, a 14.22% rise in three years, and a 33.74% gain in one year. The 52-week high price of the company’s shares is ₹1,348, while the 52-week low is ₹686.
New Order Secured by the Company
Recently, Adani Energy Solutions announced that it has secured a major $907 million order from Kenya. This order involves laying transmission lines and constructing substations in the eastern and western parts of Kenya. The company will receive $907 million for this project.
Also Read: Adani Group’s New Decision Could Greatly Benefit Investors: Here’s the Plan
Current Projects and Expansion
Currently, Adani Energy Solutions operates more than 21,000 kilometers of power distribution lines. Additionally, the company is working on laying lines over 371 kilometers and setting up five substations under a public-private partnership. This project is part of efforts to upgrade the existing, outdated energy distribution lines in Kenya, aimed at reducing energy leakage and frequent power outages.
Company’s Q1 Performance
Due to the continuous orders received by the company, its revenue has been growing year after year. In the first quarter of the financial year 2025, the company’s revenue increased to ₹5,378.55 crore, compared to ₹3,663.91 crore in the same quarter of the previous financial year 2024. This reflects a 46.80% annual increase in revenue, though the company also reported a loss of ₹822.53 crore in the first quarter.
FAQ:
What is Adani Energy Solutions?
Adani Energy Solutions is an India-based holding company that provides energy solutions.
What is the new order received by the company?
Adani Energy Solutions has received a $907 million order from Kenya, under which the company will build transmission lines and substations.
What is the company’s market cap?
Adani Energy Solutions has a market cap of ₹1,22,866 crore.
What is the current share price of the company?
The current share price of Adani Energy Solutions is ₹1,101.45.
What is the company’s Q1 revenue?
In the first quarter of the financial year 2025, the company’s revenue is ₹5,378.55 crore.
