Adani Energy Solutions Plans 47% Surge in FY27 Capex to ₹22,000 Crore on Transmission Expansion.

Adani Energy Solutions Limited (AESL) is set to significantly ramp up its capital expenditure, planning to invest about ₹22,000 crore in FY27 — a 47 per cent increase over current levels — with a strong focus on expanding its transmission business as part of its core infrastructure strategy.

The company’s consolidated capex across transmission, distribution, and smart metering has already seen a steady rise, reaching close to ₹15,000 crore, according to Kandarp Patel. “We will continue to improve the capex,” Patel said, highlighting the company’s ongoing investment momentum.

Breaking down the FY27 investment plan, Patel said transmission will account for the lion’s share at ₹15,500 crore. Distribution is expected to receive around ₹2,350 crore, while approximately ₹3,900 crore will be allocated to smart metering. The figures underscore AESL’s continued emphasis on strengthening its transmission network.

The upward investment trend is expected to carry into FY28 as well. The company has outlined a projected capex of ₹25,000 crore for that year, with ₹20,000 crore earmarked for transmission, ₹2,000 crore for distribution, and ₹1,500 crore for smart metering.

The planned increase in spending reflects AESL’s broader strategy to scale up infrastructure and support growing energy demand, with transmission remaining the central pillar of its expansion efforts.