Ahmedabad, Jan 13 (NationPress) - On Tuesday, Adani Energy Solutions Limited (AESL) revealed its operational achievements for the third quarter (Q3 FY26). The company, part of the Adani Group, has successfully acquired a significant transmission project valued at approximately Rs 18,000 crore, alongside further enhancements to its transmission network.

The project, titled the KPS III (Khavda South Olpad) HVDC project, aims to facilitate the transmission of 2,500 MW of renewable energy from the Khavda Renewable Energy Park located in Gujarat's Kutch district to Olpad, near Surat. This initiative is regarded as a crucial development in India's renewable energy transmission framework.

In addition, during this quarter, AESL successfully activated the North Karanpura Transmission Line project, which spans a network of approximately 300 circuit kilometers.

Consequently, the company’s total transmission network has expanded to 27,901 circuit kilometers, while its transformation capacity has increased to 1,18,175 MVA.

The transmission order book now stands at Rs 77,787 crore, as per its stock exchange report.

In the realm of distribution, AESL reported notable enhancements in operational efficiency, with distribution losses decreasing from 4.91 percent in the previous fiscal year to 4.22 percent year-to-date (YTD) FY26.

Supply reliability remained exceptionally high, reflected in the Average Supply Availability Index, which is at 99.998 percent.

Key system reliability metrics, including SAIDI, SAIFI, and CAIDI, also experienced positive trends during this period.

Within the Mumbai distribution circle, total electricity units sold reached 2,487 million units for the quarter, a slight decrease from the 2,574 million units recorded in the same quarter last year. However, collection efficiency remained robust at 101.75 percent, according to stock exchange filings.

Sales of Mumbai Utilities Limited surged by 57 percent year-on-year (YoY), climbing to 371 million units, compared to 236 million units last year.

AESL made impressive strides in its smart metering sector, installing 18.88 lakh new smart meters during Q3 FY26, raising the total installed count to 92.5 lakh meters.

At this current rate, AESL anticipates exceeding its target of installing one crore cumulative smart meters by the close of FY26.

The smart metering order book currently comprises 2.46 crore meters, presenting a revenue potential of Rs 29,519 crore, while the untapped national market opportunity is estimated at 103 million smart meters.

Recently, AESL reported a solid growth of 16 percent (YoY) in total income, amounting to Rs 13,793 crore in the first half of this fiscal year (H1 FY26), alongside a 6 percent (YoY) increase to Rs 6,767 crore in Q2 FY26, supported by consistent operating performance and SCA income due to increased capex.