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Adani Energy Solutions shares gained up to 2.67% intraday on Wednesday, August 26, after the company won a ₹4,700-crore transmission project in Maharashtra. The project will transmit up to 4,500 MW of renewable and storage power and is expected to be delivered within 36 months. The order will add 562 circuit kilometres of transmission lines and 9,000 MVA of transformation capacity to the company’s portfolio. The development comes as India accelerates investment in transmission infrastructure to support its 500 GW non-fossil fuel power capacity target by 2030 and integrate growing pumped-storage capacity into the grid. For the stock, Wednesday marks the third consecutive winning session, highlighting sustained buying momentum. Adani Energy Solutions has gained around 93% over the past year, while the stock is up nearly 48% so far in CY2026. The latest order strengthens its growth pipeline and reinforces its positioning in India’s expanding power transmission infrastructure opportunity.
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