Cooling solutions as a service hots up as Tata, Adani make the switch

In FY24, erstwhile Adani Transmission changed its name to Adani Energy Solutions (AESL) to reflect its focus on selling cooling solutions

India’s two big conglomerates – Tata and Adani – are looking to extend their competition from power distribution to offering cooling solutions now.

 

The energy arms of the duo, Adani Energy Solutions and Tata Power, are offering cooling as a service, and will bear the capital expenditure (capex) upfront.

 

Cooling solutions involve setting up a single large-scale central unit that uses chilled water to meet the cooling needs of multiple establishments. 

Under cooling as a service, companies make the needed upfront investments to set up the required infrastructure, while consumers pay for its usage, similar to an electricity connection. 

 

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