Adani Enterprises Expands Power Footprint via New Transmission Arm

Adani Enterprises Limited informed exchanges that AdaniConneX Private Limited (ACX), its joint venture platform, has incorporated a wholly owned step-down subsidiary named Navi Mumbai Power Transmission Limited through one of ACX’s existing subsidiaries. 

The new entity has been established to strengthen infrastructure capabilities in power transmission and related services, supporting future energy and infrastructure needs.

The newly incorporated company has an initial subscribed capital of ₹1 lakh, divided into 10,000 equity shares with a face value of ₹10 each. Through ACX, Adani Enterprises indirectly holds a 50% stake in the new entity.

Business Focus and Strategic Objective

Navi Mumbai Power Transmission Limited will operate in the power transmission sector, focusing on activities related to electric power generation and transmission. The incorporation aligns with the group’s broader strategy to expand its infrastructure ecosystem, especially in rapidly growing urban and industrial corridors such as Navi Mumbai.

The entity is expected to support future power infrastructure requirements, enabling efficient transmission and supply networks necessary for data centers, industrial zones, and urban development projects.

Impact on Infrastructure Expansion

The formation of the subsidiary signals continued investment in energy and infrastructure assets, complementing Adani Group’s growing portfolio across logistics, energy, and digital infrastructure segments. It also positions the group to capture opportunities arising from rising power demand and infrastructure expansion across metropolitan regions.

Adani Enterprises Share Price Performance

On February 17, 2026, Adani Enterprises share price opened at ₹2,170.00, down from its previous close of ₹2,184.60. At 10:28 AM, the share price of Adani Enterprises was trading at ₹2,203.70, up by 0.87% on the NSE.

Also Read: Adani Enterprises Step Down Subsidiary Completes 100% Acquisition of Indamer Technics for ₹330 Crore!

Conclusion

The creation of Navi Mumbai Power Transmission Limited strengthens Adani Enterprises’ infrastructure capabilities and highlights the group’s long-term focus on expanding power transmission networks to support India’s growing energy needs.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.