Adani Energy Solutions Ltd, India's largest electricity transmission and distribution company, has won two new transmission projects, helping swell its order book to Rs 54,700 crore -- more than three times of the work order it had at the start of current fiscal in April 2024.
In October-December 2024 -- the third quarter of the fiscal year April 2024 to March 2025 (FY25), won two new transmission projects worth Rs 28,455 crore in Rajasthan, related to the renewable energy park, Jefferies said in a report.
The orders include the 25,000-crore Bhadla-Fatehpur HVDC project, which is AESL's largest order win till date.
These order wins have pushed up the company's market share in TBCB (tariff-based competitive bidding) orders to 24 per cent, from 17 per cent in the second quarter.
AESL's current order book now stands at Rs 54,700 crore, as compared to Rs 17,000 crore in the beginning of the current financial year. This is the highest order book amongst all private sector transmission .

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Corporate earnings from blue-chips like HDFC Bank, ICICI Bank, Donald Trump's swearing-in as the US President, and trading activity of foreign investors are the key factors to drive equity markets this week, analysts said.
Trump will be sworn in as the US president for a second term on Monday.
This week, several key Nifty-50 companies, including BPCL, HDFC Bank, Hindustan Unilever, Dr Reddy's, UltraTech Cement, JSW Steel and ICICI Bank are scheduled to announce their financial results.
Adding to the market's complexity is the ongoing battle between Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs).
"As the earnings season progresses, investors are expected to shift their attention to the upcoming Union Budget, which will outline the government's economic and fiscal roadmap for the year. Market participants will closely watch for policy measures, fiscal allocations, and growth initiatives that could influence key sectors and overall investor sentimen

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The new quick delivery proposition, JIFFY, will be a key growth driver for the business in the coming quarters, said Spencer's chairman, Shashwat Goenka

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Prime Minister Narendra Modi's "Make in India" campaign has also got lost somewhere in the labyrinths of this bureaucratic maze

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l The CMIE data also points to a worrying 57.1 per cent year-on-year decline in the value of government projects completed and a 40 per cent decline in that of the private sector

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If the Centre's intentions are right, it should hold a meeting with the protesting farmers at the earliest rather than on February 14 which has been fixed now, Punjab Agriculture Minister Gurmeet Singh Khuddian said on Sunday.
His statement came a day after the Centre invited the Samyukta Kisan Morcha (Non-Political) and Kisan Mazdoor Morcha (KMM) for talks on February 14 at Chandigarh.
"Dallewal's (farmer leader Jagjit Singh Dallewal who has been on a fast-unto-death since November 26) health is worrisome. The ministry should hold the meeting with protesting farmers at the earliest," Khuddian told PTI on Sunday. "If their (Centre's) intentions are right then they should hold talks within a day or two."
On Saturday, a high-level central delegation led by Ministry of Agriculture Joint Secretary Priya Ranjan met farmer leader Jagjit Singh Dallewal and representatives of SKM (Non-Political) and KMM at the Khanauri border point, and invited them for resumption of talks on February ...

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AAP candidate Jitender Singh Shunty says he wants to make Shahdara constituency a better place for women residents as he outlines his plans for introducing 'pink ambulances', hostels for working women and creches for their children if elected from the seat in the Delhi assembly polls.
A formal Quick Response Team (QRT) for women's safety and the establishment of a disaster management team to address emergencies in the narrow lanes of the locality are among his other key proposals.
Known for his work during the COVID-19 pandemic, which earned him the title of "Ambulance Man," Shunty told PTI that his priorities include serving the people of Shahdara and addressing the needs of women.
"If elected, I will honour my commitment to social welfare," Shunty said, adding  his initiatives would focus on supporting working women, single mothers, and female professionals who have come from outside to work in Delhi.
"There are many female residents in this area who need safe and affordable ...

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The quarter-final action is set to begin on January 21st, with the exact times for the matches yet to be confirmed and will be streamed live on the Sony LIV app in India.

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The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Centre must hold talks with farmers at earliest, not on Feb 14: Punjab min

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Adani Energy Solutions' order book grows to Rs 54,700 cr with new projects

Q3 earnings, Trump's swearing-in to drive equity mkts this week: Analysts

Saif Ali Khan's attacker arrested, cops suspect he is illegal Bangladeshi

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