AESL bets on energy solutions in pivot as distribution policies lag

The retail connect vertical will comprise existing distribution, smart metering, cooling systems, parallel distribution licenses, and energy solutions

Adani Transmission, which was recently rebranded Adani Energy Solutions (AESL), is shifting focus towards energy solution services. This is owing to a slower-than-expected pace of policy developments in the core distribution sector, according to a top company executive.

“The rate of progress in opening up the distribution segment and providing choice to consumers has been slow. As a result, we need to explore innovative methods to deliver solutions to our last-mile customers,” said Anil Sardana, managing director (MD) and chief executive officer (CEO).

“Internally, we’re focusing on two verticals — transmission and retail connect,” he added.

The retail connect vertical will comprise existing