Adani Energy Solutions shares in focus ahead of Q2 results today
Adani Energy Solutions will be in focus in today's trade as the company will announce its results for the second quarter ended September 2024.
While there are no estimates for the second quarter results, Adani Energy Solutions in its recent update said the company maintained a robust system availability of 99.7% for the transmission business.
It added 140 ckm to the network during the quarter, with the total transmission network at 23,269 ckm
The company has also won three new transmission projects during Q2FY25 — NES in Jamnagar Gujarat, NES in Navinal (Mundra), Khavda Phase IVA adding 2,059 ckm to under construction network
With three new project wins, the under-construction project pipeline has increased from Rs 17,000 crore in Q1FY25 to Rs 27,300 crore in Q2FY25
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