Adani Energy Solutions has incorporated a new subsidiary, Nextgen Energy Networks Limited, as of January 17, 2026. The authorized equity share capital is ₹1,000,000, divided into 100,000 shares of ₹10 each. The paid-up equity share capital amounts to ₹500,000, consisting of 50,000 shares. The new entity will focus on establishing and maintaining electric power transmission systems.
Subsidiary Incorporation
Adani Energy Solutions announced the incorporation of a new subsidiary named Nextgen Energy Networks Limited (NENL) on January 17, 2026. This strategic move aims to expand the company’s presence in the energy sector. The incorporation was completed as per the MCA intimation received by the company.
Capital Structure
The authorized equity share capital of Nextgen Energy Networks Limited is ₹1,000,000, divided into 100,000 equity shares with a face value of ₹10 each. The initial paid-up equity share capital is ₹500,000, comprising 50,000 equity shares of ₹10 each. Adani Energy Solutions Limited holds 100% of the equity stake in the newly formed subsidiary.
Business Focus
Nextgen Energy Networks Limited is set to engage in the business of establishing, commissioning, operating, and maintaining electric power transmission systems. The company is yet to commence its business operations. The acquisition consideration was in cash.
Source: BSE
