Adani Energy is Investing $ 1 Billion…

Adani Electricity…..contributes to Adani Energy’s revenue and more than 70 percent of Mumbai’s energy demand.

Adani Electricity Mumbai (AEML), a subsidiary of Adani Energy Solutions, is working on a capital expenditure (capex) program of over $1 billion.

The company’s plan includes adding two transmission lines of 2000MW capacity in Mumbai and Thane, while doubling its share in renewable energy to 60 percent by 2025.

The capital expenditure program will be rolled out over the next 3-4 years and will include smart meters, installation of rooftop solar panels and electric vehicle charging stations, apart from capacity addition, reports Business Line.

Adani Electricity…..contributes to Adani Energy‘s revenue and more than 70 percent of Mumbai‘s energy demand. The company plans to take it up to 5000 MW by FY2025.

The Kharghar-Vikhroli transmission project is a 400 kV, 2,000 MW underground transmission line that will connect the Kharghar substation in Navi Mumbai to the Vikhroli substation in Mumbai and provide intermittent power supply to the city’s suburbs.

Explain that AEML distributes electricity in Mumbai. The company has supplied more than 2000 MW of power in the financial year 2022-23. Its distribution network is spread over 400 sq km and serves over 1.2 crore consumers in Mumbai and Thane districts.

Reviewer overview

Adani Electricity.....contributes to Adani Energy's revenue and more than 70 percent of Mumbai's energy demand. - /10

Summary

Adani Electricity.....contributes to Adani Energy's revenue and more than 70 percent of Mumbai's energy demand.

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