Adani Energy Solutions Limited (AESL) has planned to invest Rs 200 billion over the next eight years to expand its distribution business, aiming to reach a customer base of 4.5 million.
AESL has applied for parallel licenses in three new areas, including Gautam Buddha Nagar and Ghaziabad districts in Uttar Pradesh, Thane, Mulund, Bhandup, Navi Mumbai, and Panvel in Maharashtra, and Mundra Taluka in Gujarat’s Kutchh district, all adjacent to its existing license areas of Mumbai. Currently, This year, the company secured a distribution license for the Santacruz Electronics Export Processing Zone.