Tuesday, February, 27,2024

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Adani Energy Solutions announces CEO transition to drive infrastructure growth

Ahmedabad: Adani Energy Solutions Limited (AESL), a key player in the Adani portfolio, revealed significant leadership changes aimed at propelling the growth of Adani Infrastructure India Limited.
According to a press release by Adani, Bimal Dayal the current CEO of the Transmission business, has been appointed as the Chief Executive Officer of Adani Infrastructure India Limited.
In his new role, Dayal will spearhead the implementation of a robust pipeline of infrastructure projects spanning thermal, renewable energy, and green hydrogen.
This transition aligns with the broader strategic vision of the Adani portfolio, which recently disclosed plans to invest over Rs. 7 lakh crore in the next decade, reinforcing its position as India's largest infrastructure player.
The move has received formal approval from the board of directors of AESL.
Anil Sardana, the Managing Director of AESL, and Kandarp Patel, entrusted with overseeing all verticals of AESL, will lead the ambitious growth initiatives in Transmission, Distribution, and smart meter segments.
This strategic realignment underscores the commitment to achieving an aggressive annual growth rate of over 15 per cent in the infrastructure sector.
The Adani portfolio, represented by Adani Enterprises Limited, has successfully ventured into diverse sectors such as ports, airports, solar manufacturing, roads, metros and rails, defence and aerospace, and data centres.
The recent executive-level changes reflect the group's dedication to continuous improvement and growth across its diversified portfolio.
Adani Energy Solutions Limited, as a multidimensional organization within the Adani portfolio, plays a pivotal role in the energy domain, encompassing power transmission, distribution, smart metering, and cooling solutions.
AESL, the country's largest private transmission company, operates across 14 states with a cumulative transmission network of 20,000 ckm and 53,000 MVA transformation capacity.
In distribution, AESL serves over 12 million consumers in metropolitan Mumbai and the industrial hub of Mundra SEZ.
With a focus on smart metering, AESL aims to become India's leading smart metering integrator.
The company's integrated offerings, including the expansion of its distribution network through parallel licenses, highlight its commitment to transforming the energy landscape in a reliable, affordable, and sustainable manner.
These strategic leadership changes position AESL and Adani Infrastructure to make substantial contributions to the global energy and infrastructure sectors, building upon their successful track record of completed projects.

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