Adani Energy Solutions Ltd (AESL) is planning to invest between ₹5,000 crore and ₹6,000 crore in centralised cooling infrastructure across India, as per the reports. As part of this plan, the company will set up a large district cooling system in Mundra, Gujarat. The facility will have a planned capacity of 45,000 tonnes of refrigeration (TR), which would make it the largest of its kind in the country.
The cooling projects will follow a "Cooling-as-a-Service" (CaaS) model. Instead of selling or leasing equipment, the company will supply chilled water directly to multiple clients through a central plant. Users will pay based on the volume of cooling used. This model removes the need for customers to install and maintain separate systems.
Beyond Mundra, AESL is working on projects with a total proposed capacity of around 52,000 TR in other regions. These projects are aimed at serving commercial buildings, airports, institutional setups, and data centres. Bids have already been submitted for some of these developments.
Read more: Adani Energy Plans ₹4,300 Crore Capital Raise Through Share Sale!
The Mundra plant will be located close to Adani’s existing infrastructure, including the port and transmission assets. This proximity is expected to support both the construction and the operations of the cooling facility. The company has not announced a timeline for completion.
District cooling is used to supply air conditioning to large areas using a central system rather than separate units for each building. It is commonly used in airports, IT parks, large commercial zones, and residential clusters in high-density areas. The approach can help reduce energy usage in regions with high cooling demand.
As of 10:37 AM on June 4, 2025, Adani Energy share price was trading at ₹858.85, a 0.27% increase, with a 21.28% decline over the past 6 months and a 39.70% drop over the past year.
Adani Energy Solutions has started work on a new line of infrastructure projects focused on cooling services. With a major facility planned in Mundra and additional projects in the pipeline, the total investment could reach up to ₹6,000 crore.
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Published on: Jun 4, 2025, 1:43 PM IST
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