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Adani Energy Solutions Ltd. Company History and Annual Growth Details

Adani Transmission Limited, was incorporated on December 9, 2013 at Ahmedabad as a public limited company. Out company received certificate of commencement of business on December 17, 2013 from the Registrar of Companies, Gujarat.

2015
-Adani Transmission acquires 3 subsidiaries of PFC Consulting

2016
- Adani Transmission Ltd. signs Acquisition Agreement with GMR Energy Ltd.

2017
-Acquisition of SPVs "Barmer Power Transmission Service Limited and Thar Power Transmission Service Limited".
-"Adani Transmission Ltd - Operational Transmission Network Surpasses 8500 ckt kms.".
-Adani Transmission acquires RInfra WRSSS assets for Rs 1k crores.
- 'Adani Transmission Ltd (ATL) signs binding SPA with R-Infra to acquire Integrated Business of Generation, Transmission, Distribution and retail of power for Mumbai City'.

2018

-Adani Transmission Ltd has received the LOI from PFC Consulting Limited (A wholly owned subsidiary of Power Finance Corporation Limited) to construct, own, operate and maintain the transmission project in the state of Rajasthan.

-Adani Transmission acquires 100% equity stake in GTL.

-Adani Transmission acquires 100% equity in Ghatampur SPV.

-Adani gets approval for acquisition of R Infraâs GTD business.

2019

-Adani Transmission Ltd (ATL) has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting Ltd.

-Qatar Investment Authority to invest INR 3,200 Crore in Adani Electricity Mumbai Limited

-Adani Transmission bags two projects from REC Transmission in Gujarat.
Adani Transmission receives Letter of Intent (LOI) for Centre Sector Transmission Project linked to Renewable Energy in state of Gujarat - LOI received for Jam Khambaliya Transco Limited

2020

-ATL and AEML recognized for Capital Management at The Asset Awards 2020

-Adani Transmission completes acquisition of Alipurduar Transmission from Kalpataru Power Transmission for an enterprise value of around INR 1300 Cr

-Adani Transmission signs definitive agreements with Kalpataru for acquisition of Alipurduar Transmission

-Adani Transmission signs agreement to execute Kharghar Vikhroli Transmission Private Limited

-Adani Transmission circles up first ever US private placement for USD 310 million

2021

-Adani Transmission awarded 400 kV Karur Transmission Project for evacuation of renewable power

-Adani completes one of IndiaÂs largest intra-state transmission lines.

-Adani Transmission wins three CII awards Wins Platinum, Gold & Silver in CIIÂs first Operational Sustainability Competition.

-Adani Transmission climbs the ESG rankings in S&P Global Corporate Sustainability Assessment for 2021.

-Adani Transmission raises USD 700 Mn in one of AsiaÂs largest revolving project financing deals

2022
-Acquisition of 'Karur Transmission Limited' from PFC Consulting Limited.
-Adani Transmission Wins the Global Sustainability Leadership Award.
-Adani Transmission wins Climate Action Programme Oriented Award.
-ATL wins recognition for contributing to IndiaÂs energy transition.

2023
-Company name has changed from Adani Transmission Ltd. to to Adani Engery Solutions Ltd.
-Adani Engery Solutions Ltd. Wins Golden Peacock Environment ManagementAward 2023"".
-Adani Engery Solutions Ltd. has informed the Exchange about Acquisition of WRSR Power Transmission Limited from REC Power Development and Consultancy Limited.

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