Adani Energy Solutions Share Price in Focus; Secures ₹4,700 Crore Maharashtra Transmission Project

Adani Energy Solutions Ltd (AESL) has secured a ₹4,700 crore transmission project in Maharashtra, as per a filing dated August 26, 2026. The project is linked to the development of transmission infrastructure for up to 4,500 MW of pumped storage capacity near Satara. 

The project was awarded through the Tariff Based Competitive Bidding process, where AESL emerged as the lowest bidder. It will be implemented through Satara Power Transmission Ltd, a special purpose vehicle. 

Work To Be Completed Within 36 Months 

The project is scheduled to be completed within 36 months. It includes a 765/400 kV substation at Satara and a 765 kV double-circuit transmission line between Kolhapur and Satara. 

Work will also include the augmentation of the Kolhapur pooling station and other associated transmission infrastructure. The scheme is expected to support the movement of power across the Western and Southern regions. 

Addition To Transmission Network 

Once commissioned, the project will add 562 circuit kilometres of transmission lines and 9,000 MVA of transformation capacity to AESL's portfolio. 

Following the addition, AESL's cumulative transmission network will stand at 29,739 circuit kilometres, while its transformation capacity will reach 1,43,425 MVA. 

Renewable Power Evacuation 

The transmission scheme will also facilitate the evacuation of renewable energy generated in Karnataka to major demand centres in Maharashtra. It is expected to support the pumped storage ecosystem in Satara, Pune, and the Mumbai Metropolitan Region. 

AESL's transmission orderbook now stands at around ₹85,000 crore following the project award. The company said the scheme will strengthen the transmission corridor between the Western and Southern grids. 

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Adani Energy Solutions Ltd (AESL) Share Price Performance  

As of August 26, 2026, 11:57 am, Adani Energy Solutions share price was trading at ₹1,604.10, a 0.60% increase from the previous closing price. 

Conclusion 

The ₹4,700 crore project will add transmission lines and transformation capacity to AESL's existing network. With a 36-month completion timeline, the project is intended to support renewable power movement and pumped storage capacity of up to 4.5 GW in Maharashtra. 

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