Editor’s Synopsis
- The project will evacuate 6 GW of Renewable Energy
- AESL’s orderbook now stands at ~$6.5 billion
- AESL will commission the project in 4.5 years on BOOT (Build, Own, Operate and Transfer) basis
- AESL will now have 25,778 ckm of transmission lines and 84,186 MVA of transformation capacity
Adani Energy Solutions Ltd (AESL), India’s largest private transmission and distribution company and part of the globally diversified Adani portfolio, today said that it has won a mega ~$3 billion power transmission project based on HVDC (High Voltage Direct Current) system. It is AESL’s largest order win till date, taking its under execution order book to ~$6.5 billion and transmission network to 25,778 ckm (circuit kilometers) and 84,186 MVA transformation capacity.
AESL won the project under Tariff Based Competitive Bidding (TBCB) mechanism.
The project includes establishment of 6GW HVDC system, ~2400 ckm of transmission lines and 7500 MVA of transmission capacity. The project will help evacuate 6 GW renewable energy from various Renewable Energy Zones in India’s west and connect with demand centers in the North. AESL will deliver the project in 4.5 years.
“By enabling efficient evacuation of renewable energy from some of the most inhospitable regions of the country and connecting them to the national grid, AESL is playing its role in India’s decarbonization journey. We will be deploying latest technology and practices to deliver the project in time and with minimal environmental impact,” said Kandarp Patel, CEO, AESL.
This would be AESL’s third HVDC asset, which is preferred transmission system for long-distance and bulk power transmission. It has already delivered one project and is in advanced stage of delivering another and is the only player in the private sector to have built an HVDC network.
About Adani Energy Solutions Limited (AESL):
AESL, part of the Adani portfolio, is a multidimensional organization with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions. AESL is the country’s largest private transmission company, with a presence across 16 states of India and a cumulative transmission network of 25,778 ckm and 84,186 MVA transformation capacity. In its distribution business, AESL serves more than 12 million consumers in metropolitan Mumbai and the industrial hub of Mundra SEZ. AESL is ramping up its smart metering business and is on course to become India’s leading smart metering integrator with an order book of over 22.8 million meters. AESL, with its integrated offering through the expansion of its distribution network through parallel licenses and competitive and tailored retail solutions, including a significant share of green power, is revolutionizing the way energy is delivered to the end consumer. AESL is a catalyst for transforming the energy landscape in the most reliable, affordable, and sustainable way.
