Archive · 1 Oct 2026
Adani Energy Solutions Shares Rally on Renewable Energy Scheme
Adani Energy Solutions is a company involved in electricity transmission.
Its shares rose sharply during Thursday trading.
Investors were encouraged by a new government energy-infrastructure scheme.
The PM-Dhara scheme is worth ₹1.86 lakh crore.
It is designed to improve power transmission and help move renewable energy across India.
The plan also includes large battery-storage systems.
These batteries can help supply electricity when solar power is unavailable.
The company’s shares have also benefited from strong quarterly EBITDA growth and rose nearly 62% over the past year.
Adani Energy Solutions shares rose nearly 5% intraday, outperforming other Adani Group stocks.
The rally followed Cabinet approval of the ₹1.86 lakh crore PM-Dhara scheme for energy infrastructure.
The scheme aims to strengthen intra-state transmission and evacuate up to 135 GW of renewable energy.
It also includes deployment of 50 GWh of battery energy storage systems at renewable-energy developers’ or generators’ ends.
Adani Energy Solutions shares have gained nearly 62% in one year, supported by robust quarterly EBITDA growth.
- Who
- Adani Energy Solutions Limited and investors in Indian power stocks.
- What
- Adani Energy Solutions shares rose nearly 5% during intraday trading and outperformed other Adani Group stocks.
- When
- During Thursday’s trading session; the article gives prices at 10:30 a.m. and 11:30 a.m. on October 1.
- Where
- On Indian stock exchanges, including the Bombay Stock Exchange.
- Why
- The rally followed approval of the PM-Dhara energy-infrastructure scheme and was also supported by the company’s reported quarterly EBITDA growth.
- Intraday gain
- Adani Energy Solutions shares were reported up 5.64% at ₹1,386.65 at 10:30 a.m.
- 11:30 a.m. price
- The shares were listed at ₹1,355.80, up 3.13%.
- Scheme allocation
- The PM-Dhara scheme was approved with an outlay of ₹1.86 lakh crore.
- Renewable evacuation
- The scheme aims to facilitate evacuation of up to 135 GW of renewable energy.
- Battery storage
- The scheme includes deployment of 50 GWh of battery energy storage systems.
- One-year performance
- Adani Energy Solutions shares gained nearly 62% over the past year.
- SEBI settlement
- The company said a SEBI settlement order resolved proceedings without admission or denial of the stated findings and legal conclusions.