Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Adani Energy Solutions Ltd ( (IN:ADANIENSOL) ) has provided an announcement.
Adani Energy Solutions Ltd has incorporated a wholly owned subsidiary, NEXTGEN Energy Networks Ltd (NENL), with an initial authorised capital of 100,000 equity shares and paid-up capital of 50,000 equity shares, marking a structured expansion of its power transmission platform. NENL has been set up specifically to undertake the business of establishing, commissioning, operating and maintaining electric power transmission systems, signalling Adani Energy Solutions’ intent to deepen its presence in the transmission infrastructure space and potentially strengthen its long-term positioning in India’s power sector as new grid and network investments materialise.
More about Adani Energy Solutions Ltd
Adani Energy Solutions Ltd is part of the Adani Group and operates in the power and energy infrastructure sector, focusing primarily on establishing, operating and maintaining electric power transmission systems across India. The company plays a key role in developing and managing high-voltage transmission networks that support the country’s electricity grid and broader energy transition needs.
Average Trading Volume: 63,951
Technical Sentiment Signal: Hold
Current Market Cap: 1109B INR
Find detailed analytics on ADANIENSOL stock on TipRanks’ Stock Analysis page.