Adani Energy Solutions Ltd (AESL) announced that regulatory proceedings for its applications seeking parallel electricity distribution licences in Navi Mumbai (Maharashtra) and Mundra (Gujarat) have been completed, and the company is now awaiting final orders from the respective state regulatory commissions.

“We are open for both the routes of expanding into distribution which is either privatisation or parallel licensing. We applied for a parallel license for Navi Mumbai and Mundra areas, as well as Ghaziabad and Jewar in Uttar Pradesh. The regulatory process for Navi Mumbai and Mundra is over. We are expecting orders from the regulatory commission very soon as proceedings have been completed. We expect some movement on parallel license from these two geographies,” said Kandarp Patel, CE

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