Adani Energy Solutions Limited (AESL) has reported a strong operational performance for the quarter ended March 2025 (Q4FY25), with its transmission business maintaining a robust system availability of 99.7% and distribution units sold rising 8% year-on-year.
In its transmission segment, the company added 140 circuit kilometers during the quarter, taking the total transmission network length to 26,696 ckm. It also secured two new projects — Navinal (Mundra) Phase I Part-B and Mahan Transmission — with combined project costs exceeding Rs 5,000 crore. The company’s under-construction order book surged 3.5 times to Rs 59,936 crore, reflecting heightened bidding activity.
The distribution business, comprising Adani Electricity Mumbai Limited (AEML) and MPSEZ Utilities Limited (MUL), also posted solid performance. AEML’s distribution loss improved to 4.31% in Q4FY25, while it maintained a supply reliability (ASAI) of 99.996%. The Mumbai utility sold 2,413 million units during the quarter, up 8% YoY, driven by higher demand in residential and commercial segments.
MUL reported a 35% jump in units sold to 253 million units, driven by industrial and commercial demand. Digital adoption remained strong with 83.2% of collections made through e-payment channels.
On the smart metering front, AESL had installed around 31 lakh smart meters by Q4FY25 and aims to reach 1 crore installations by FY26. The company highlighted a significant untapped market opportunity of approximately 97 million meters.
AESL also emphasized its commitment to sustainability, reporting that renewable energy accounted for 36% of AEML’s power mix, and the company remains on track to increase this to 60% by FY27.
Notably, AESL received multiple awards for performance and sustainability, including a No. 1 rank in the integrated ratings of DISCOMs by Power Finance Corporation (PFC) and an A+ CSRD rating from REC.
