Adani Energy Solutions Ltd (AESL), the power transmission arm of the Adani Group, is expanding its district cooling services (DCS) business. The company has been developing this segment for the past few years and is now setting up large-scale cooling facilities across industrial, commercial, residential, and mixed-use projects.
District cooling is a centralised system that distributes chilled water or another cooling medium from a central plant to multiple buildings through a network of pipes. This system is more energy-efficient and cost-effective than individual cooling units for each building.
The district cooling business will be a new source of income for AESL. This business is managed by AESL’s subsidiary, Adani Cooling Solutions Ltd (ASCL), which also operates in power transmission, distribution, and smart metering.
AESL has adopted a Cooling-as-a-Service (CaaS) model under the DBFOO (Design, Build, Finance, Own, and Operate) framework. Under this model:
Adani Cooling Solutions has partnered with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT), a Maharashtra government-owned entity. The two companies signed an MoU to develop district cooling systems (DCS) across Maharashtra, including the Mumbai Metropolitan Region.
A company spokesperson stated that the partnership will help integrate district cooling into the master plan for new and upcoming developments in Mumbai and Navi Mumbai through policy interventions.
The planned district cooling projects will be built on land designated for public utility infrastructure. Some of the key locations include:
One of the biggest advantages of district cooling is its energy efficiency. Since the cooling demand is managed centrally, it benefits from economies of scale, reducing operational and maintenance costs.
According to the India Cooling Action Plan 2019 and District Cooling Guidelines 2023, India’s cooling demand is expected to increase nearly sixfold, from 130 MTR in 2022-23 to 720 MTR by 2037-38.
Adani Energy Solutions Ltd, previously known as Adani Transmission Ltd, is a leading electric power transmission company based in Ahmedabad. It is among the largest private-sector power transmission firms in India.
Adani Energy Solutions share price opened at ₹822.00, reached a high of ₹838.90, and a low of ₹820.50, with the current price standing at ₹828.10, up by ₹7.85 or 0.96% as of 10:18 AM IST on March 25.
Adani’s expansion into district cooling aligns with India’s increasing demand for energy-efficient cooling solutions. With government partnerships and a focus on sustainable infrastructure, Adani Cooling Solutions is set to play a major role in the country’s cooling industry.
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Published on: Mar 25, 2025, 10:24 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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