Adani Energy Solutions says parent can fund Noida data centre power project
In short
Adani Energy Solutions replied to Uttar Pradesh Electricity Regulatory Commission queries on a proposed ₹211 crore power project for a Noida data centre. It said its parent has ₹15,155.80 crore in adjusted net worth to support the plan.
What the reporting says
Adani Energy Solutions responded to Uttar Pradesh Electricity Regulatory Commission queries over its proposed ₹211 crore Noida data centre power project, saying its parent has ₹15,155.80 crore in adjusted net worth to back the plan. The reported figure is being used to support the project’s licensing case.
Why it matters
Adani Energy Solutions is reported to have answered UPERC questions on a proposed Noida data centre power project worth ₹211 crore. The company said its parent has ₹15,155.80 crore in adjusted net worth to support it. The reported disclosure is relevant to the licence process and to the regulator’s review of whether the project has financial backing.