Adani Energy Solutions to raise Rs 4,300 cr via share sale

plans to raise Rs 4,300 crore via QIP or other methods, subject to shareholder approval. The company aims to spend Rs 16,000-18,000 crore this fiscal year on capital expenditure, including Rs 12,000-13,000 crore on transmission, Rs 4,000 crore on smart meters, and Rs 1,600 crore on distribution. Kandarp Patel was redesignated as CEO-KMP.