Adani Energy Solutions Launches New Wholly-Owned Subsidiary for Power Services

Adani Energy Solutions Limited (AESL) has announced the incorporation of a new wholly-owned subsidiary, Adani Energy Solutions Step-Fourteen Limited, marking another step in expanding its footprint in India’s power sector.

Subsidiary Details

The newly formed entity has an authorised share capital of ₹1 lakh and an equal paid-up share capital of ₹1 lakh. The shares have been acquired at a face value of ₹10 each, with AESL holding 100% ownership and control.

Business Objective

Adani Energy Solutions Step-Fourteen Limited will focus on transmission, distribution, and supply of electricity, along with related infrastructure services. This aligns with AESL’s core business of strengthening India’s energy infrastructure and advancing reliable power supply solutions.

The incorporation underlines Adani Energy Solutions’ commitment to expanding operational capabilities and consolidating its leadership in the electric utilities sector. With India’s growing energy demand, this move will support the company’s efforts to scale efficiently and provide sustainable solutions.

AEML Repurchases USD 44.66 Million Notes to Strengthen Balance Sheet

In another significant development, Adani Electricity Mumbai Ltd (AEML), a subsidiary of Adani Energy Solutions, has repurchased and cancelled USD 44.661 million of its USD 300 million 3.867% Senior Secured Notes due 2031.

The buyback, funded entirely through internal cash flows, brings the outstanding principal down to USD 255.339 million. This move is part of AEML’s broader capital management strategy, following earlier debt reduction efforts, including a USD 120 million tender offer in November 2023 and a USD 49.5 million open market repurchase in June 2025 under its USD 1,000 million notes due 2030.

Adani Energy Solutions Share Price Performance

On September 3, 2025, Adani Energy Solutions share price (NSE: ADANIENSOL) opened at ₹768.90, touching the day’s high at ₹768.90, as of 10:15 AM on the NSE.

Also Read: Envestcom Trims Adani Energy Solutions Stake, Sells Shares Worth ₹1,737 Crore!

Conclusion

Through the creation of Adani Energy Solutions Step-Fourteen Limited, AESL reaffirms its strategy of structured growth while continuing to play a pivotal role in India’s energy transition.

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