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Adani Energy Solutions Incorporates Wholly-Owned Subsidiary NEXTGEN ENERGY NETWORKS LIMITED
Adani Energy Solutions Limited
January 17, 2026, 07:06 AM
Adani Energy Solutions Limited incorporated a new wholly-owned subsidiary, NEXTGEN ENERGY NETWORKS LIMITED, on January 17, 2026. NENL will focus on electric power transmission systems. It has an authorized capital of ₹1 lakh and a paid-up capital of ₹50,000.
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Adani Energy Solutions Limited (AdaniENSOL) has announced the incorporation of a new wholly-owned subsidiary named NEXTGEN ENERGY NETWORKS LIMITED (NENL). The incorporation was completed on 17th January 2026, following intimation from the Ministry of Corporate Affairs (MCA).
NENL has an authorized equity share capital of ₹1,00,000 divided into 1,00,000 shares of ₹10 each, and a paid-up equity share capital of ₹50,000, comprising 50,000 shares of ₹10 each. The company is yet to commence business operations, and therefore, its turnover is not applicable at this stage.
The primary objective of NENL is to engage in the business of establishing, commissioning, setting up, operating, and maintaining electric power transmission systems. Adani Energy Solutions Limited will hold a 100% equity stake in NENL. The acquisition does not fall within related party transactions, and the promoters or group companies have no interest in NENL. The shares were subscribed at face value, with Adani Energy Solutions Limited acquiring 50,000 equity shares at ₹10 each.
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