From The Economic Times · ET Online · · 50s
Adani Energy's Smart Metering Revenue Potential
Adani Energy Solutions' smart meters and transmission projects could generate Rs 29,519 crore in revenue.
In brief
Adani Energy Solutions' smart meters and transmission projects could generate Rs 29,519 crore in revenue. Adani Energy Solutions' smart metering pipeline carries Rs 29,519 crore revenue potential through 24.6 million meters and transmission projects. Originally reported by The Economic Times.
Smart Metering Pipeline
Adani Energy Solutions has 24.6 million smart meters under implementation across 10 projects.
Revenue Potential
The company's smart metering pipeline carries over Rs 29,519 crore in potential revenue.
Transmission Projects
AESL has 15 transmission projects worth approximately Rs 87,000 crore to execute.
Tender Opportunities
The company sees near-term transmission tendering opportunities of around Rs 1.4 lakh crore.
Power Purchase Agreement
AESL entered a 25-year power purchase agreement with MSEDCL for 2,500 MW round-the-clock power.
Revenue Growth
Adani Energy Solutions reported a 148% year-on-year increase in net profit to Rs 1,323 crore.
The bottom line
Adani Energy Solutions' smart metering pipeline carries Rs 29,519 crore revenue potential through 24.6 million meters and transmission projects.
