AESL’s transmission order book rose 3.5 times to ₹59,936 crore, driven by increased bidding activity in the sector. This underscores the company’s strong market position and ability to secure new projects. During the quarter, AESL won two new transmission projects—Navinal (Mundra) Phase I Part-B and Mahan Transmission—further strengthening its under-construction portfolio.
Adani Electricity Mumbai Ltd (AEML), the company’s Mumbai-based distribution utility, continued to perform well operationally. It maintained a high supply reliability of over 99.9% in the fourth quarter, ensuring consistent power delivery to its 3.18 million consumers.
Total units sold by AEML rose 8% year-on-year, driven by higher demand in the residential and commercial segments, which offset a decline in the industrial sector.
Distribution losses improved significantly to 4.31%, among the lowest in the country, reflecting a strong focus on operational efficiency. E-payment adoption also increased, accounting for 83.20% of total collections.
AEML’s growing share of renewable energy in its power mix has reached 36% as of March 31, 2025. The company is on track to achieve 60% renewable energy by FY27.
Supporting its sustainability goals, AESL signed a Memorandum of Understanding (MoU) with MAHAPREIT to implement cooling solutions in Mumbai and nearby areas, aimed at reducing the carbon footprint and supporting India’s net-zero ambitions.
Meanwhile, Adani’s MPSEZ Utilities Limited (MUL) saw units sold increase by 35% year-on-year to 253 million in Q4FY25, driven by robust industrial and commercial demand.
AESL’s smart metering business also continues to grow, with around 31 lakh smart meters installed as of Q4FY25. The company plans to install an additional 60–70 lakh meters in FY26, bringing the cumulative total to nearly 1 crore. The untapped market opportunity in smart metering is estimated at approximately 97 million meters.