Adani Enterprises , through its Adani Group conglomerate, has announced its ambitious entry into the battery energy storage sector with plans to construct India's largest Battery Energy Storage System (BESS) at Khavda, Gujarat. This move marks a significant step towards enhancing India's renewable energy infrastructure and grid stability.

Project Highlights

The Khavda BESS project boasts impressive specifications:

Strategic Importance

The Khavda BESS project is set to become an integral part of the Khavda renewable energy complex. Gautam Adani, Chairman of Adani Group, emphasized the strategic importance of energy storage in building a renewable-powered future. He stated that this project reinforces the Group's commitment to India's energy independence and sustainability goals.

Scaling Ambitions

Adani Group has outlined an aggressive scaling strategy for its energy storage capacity:

• By fiscal year 2027: Scale to 15 GWh
• Within five years: Reach 50 GWh

Expected Benefits

The implementation of this large-scale BESS project aims to deliver several key benefits to India's power sector:

1. Enhanced grid reliability
2. Alleviation of peak load pressures
3. Reduction in transmission congestion
4. Support for round-the-clock clean power supply

This project represents a significant milestone in India's journey towards a more sustainable and reliable energy future. By addressing key challenges in renewable energy integration, such as intermittency and grid stability, the Khavda BESS project could play a crucial role in accelerating India's transition to clean energy sources.

As the project progresses, it will be important to monitor its impact on local energy markets, grid performance, and overall renewable energy adoption in the region. The success of this project could potentially set a precedent for similar large-scale energy storage initiatives across India and beyond.

Adani Enterprises Limited (AEL) has announced a significant corporate action involving its wholly-owned subsidiary, Adani Airport Holdings Limited (AAHL). The move sees AAHL divesting a quarter of its stake in a food services company, reshaping the ownership structure of its subsidiary.

Key Details of the Transaction

AAHL has executed a Share Purchase Agreement (SPA) and Joint Venture Agreement (JVA) with World Plate Collective Cuisines Limited (WPCCL) and AJ Holding Limited. The transaction involves AAHL selling 25% of its stake in WPCCL to AJ Holding Limited.

Implications and Governance

The divestment alters the ownership structure of WPCCL, which was previously a wholly-owned subsidiary of AAHL. Following the transaction, WPCCL will operate as a joint venture between AAHL and AJ Holding Limited.

Corporate Structure and Relationships

• AAHL remains a wholly-owned subsidiary of Adani Enterprises Limited.
• WPCCL, previously fully owned by AAHL, will now be 75% owned by AAHL.
• AJ Holding Limited is not part of the Adani Group's promoter or promoter group.

Regulatory Compliance

This corporate action has been disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The disclosure was made to both the BSE Limited and the National Stock Exchange of India Limited.

Timing and Execution

The Share Purchase Agreement and Joint Venture Agreement were executed on November 10, 2025. Adani Enterprises Limited received the intimation from AAHL on the same day at 3:46 PM, promptly disclosing this material information to the stock exchanges.

This strategic move by Adani Enterprises' subsidiary reflects the group's ongoing efforts to optimize its portfolio and potentially create value through partnerships in its various business segments.