Adani Energy has 1.01M shares traded in block

Adani Energy has 1.01M shares traded in block

Adani Energy Solutions Ltd (AESL) has seen a significant increase in trading volume, with over 1.01 million shares traded in a block deal on July 2, 2025. This surge in trading activity comes on the heels of the company's recent project wins and strategic moves.

Abu Dhabi-based IHC, one of AESL's major shareholders, recently sold a 1.83% stake in the company through open market transactions, reducing its shareholding to 0.85% [2]. This sale, executed by Envestcom Holding, one of IHC's affiliates, follows a previous sale of Adani Enterprises shares in March. The shares were sold at an average price of Rs 790 apiece, taking the combined deal value to Rs 1,736.73 crore.

The increase in trading volume can be attributed to the recent Letter of Intent (LoI) received by Adani Power for a 2,400 MW thermal power project in Bihar [1]. Adani Power, the largest private sector thermal power generator in India, won the bid to develop and operate the project at Pirpainti in Bhagalpur district. The company will supply power from a greenfield 3x800 MW Ultra-supercritical thermal power plant under the Design, Build, Finance, Own, and Operate (DBFOO) model. The project is expected to generate employment for approximately 10,000–12,000 people during the construction phase and around 3,000 once operational.

Adani Green Energy, a subsidiary of Adani Energy, also made significant strides in the renewable energy sector. The company commissioned a 50 MW solar-wind hybrid project in Gujarat, boosting its renewable capacity to 15,865.5 MW [3]. This project, along with the thermal power project in Bihar, further strengthens Adani's position in the energy sector.

The strategic moves and project wins have led to increased investor interest and trading volume in Adani Energy shares. As the company continues to expand its energy portfolio, investors are closely monitoring its progress and the potential impact on share prices.

References:
[1] https://www.business-standard.com/companies/news/adani-power-letter-of-intent-2400-mw-thermal-plant-bihar-bhagalpur-125080700187_1.html
[2] https://economictimes.indiatimes.com/markets/stocks/news/abu-dhabi-based-ihc-sells-1-83-stake-in-adani-energy-solutions-for-rs-1737-crore/articleshow/123145441.cms
[3] https://www.financialexpress.com/business/industry-gautam-adani-lednbspadani-green-energy-arm-adani-powernbspexpand-energy-portfolionbsp3-billion-investment-to-roll-out-in-phases-3940210/