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The latest announcement is out from Adani Energy Solutions Ltd ( (IN:ADANIENSOL) ).
Adani Energy Solutions Ltd has clarified its position regarding recent news about plans for India’s largest battery storage project in Gujarat. The company stated that Adani Green Energy Limited will implement the initial BESS project with a capacity of 1,126 MW / 3,530 MWh, and there are no current disclosure requirements triggered for Adani Energy Solutions. The company emphasized its commitment to making necessary disclosures in the future and attributed recent share price movements to market conditions.
More about Adani Energy Solutions Ltd
Adani Energy Solutions Ltd is part of the Adani Group, which operates in the energy sector with a focus on integrated utility platforms. The company is involved in transmission and distribution assets and works alongside Adani Green Energy Limited and Adani Power Limited to develop Battery Energy Storage Systems (BESS).
Average Trading Volume: 179,593
Technical Sentiment Signal: Buy
Current Market Cap: 1203.4B INR
For detailed information about ADANIENSOL stock, go to TipRanks’ Stock Analysis page.