Adani Energy Solutions Ltd. reported its operational metrics for the March quarter, maintaining system availability of 99.7% and expanding its transmission network by 140 circuit kilometres to a total of 26,696 ckm.
The company secured two new transmission projects during the quarter — Navinal (Mundra) Phase I Part-B 1 and Mahan Transmission — with a combined project cost of Rs 5,000 crore. Robust bidding activity pushed the transmission under-construction order book up 3.5 times to Rs 59,936 crore at the end of fiscal 2025, compared to Rs 17,000 crore at the start of the year.
In the distribution segment, the company continued to report improved efficiency. Adani Electricity Mumbai Ltd. saw its distribution loss drop to 4.31% in the March quarter, while maintaining supply reliability or Average System Availability Index is above 99.9%. Power demand in Mumbai's residential and commercial segments lifted AEML's fourth quarter sales 8% year-on-year to 2,413 million units, despite a decline in industrial demand.
The share of e-payments in AEML's total collections rose to 83.2% in the quarter, up from 80.23% in the same period last year.
Maharashtra's MUL business also registered strong growth, with units sold jumping 35% year-on-year to 253 million units, backed by higher industrial and commercial consumption.
In its smart metering business, Adani Energy has installed about 31 lakh smart meters so far and aims to add 60–70 lakh meters in fiscal 2026, targeting a cumulative installation of 1 crore meters by the end of next year. The company estimates the untapped market opportunity for smart meters at around 97 million units.
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