Adani Energy Solutions Ltd. (AESL), formerly known as Adani Transmission, witnessed an impressive 8% jump in its share price on March 27, 2025, following the announcement of its acquisition of Mahan Transmission Ltd. (MTL). The strategic move is expected to bolster AESL’s position as India’s leading private transmission company.
The acquisition was finalized through a Share Purchase Agreement with REC Power Development and Consultancy Ltd. (RECPDCL), granting AESL 100% equity ownership of MTL. This project, valued at ₹2,200 crore, aims to evacuate 1,230 MW of power from Adani Power’s upcoming 1,600 MW expansion units in Madhya Pradesh’s Singrauli district. The power will be integrated into the state grid, enhancing transmission reliability and supporting industrial growth in the region.
AESL’s stock surged to ₹868.70 per share during the trading session, reflecting investor confidence in the company’s growth strategy. The acquisition aligns with AESL’s commitment to expanding its transmission network, which currently spans 19,800 circuit kilometers and boasts a transformation capacity of 53,000 MVA.
This development marks AESL’s seventh major project win this fiscal year, further solidifying its reputation as a key player in India’s energy sector. With ambitious plans to enhance shareholder value through organic and inorganic opportunities, AESL continues to drive innovation and efficiency in power transmission.
The acquisition of Mahan Transmission Ltd. underscores AESL’s dedication to meeting India’s growing energy demands while contributing to sustainable development and industrial progress. Investors and industry experts alike are optimistic about the company’s future trajectory.
