logo
Adani Energy Solutions bags ₹1,600-crore transmission project, order book swells to ₹61,600 crore

Adani Energy Solutions bags ₹1,600-crore transmission project, order book swells to ₹61,600 crore

Mint2 days ago

Adani Energy Solutions Ltd (AESL) on Friday said it has secured an inter state transmission project in Maharashtra worth ₹ 1,600 crore. With this, its transmission order book now stands at ₹ 61,600 crore, the company said in a statement.
The scope of the latest secured project includes establishment of 3,000 Mega Volt-Amperes (MVA) of substations capacity, besides other related transmission infrastructure, taking AESL's overall transmission network to 26,696 ckm and 93,236 MVA of transformation capacity. AESL is scheduled to commission the project by January 2028.
The company said it has won this Inter State Transmission System (ISTS) project under the Tariff Based Competitive Bidding (TBCB) mechanism, while REC Power Development and Consultancy Ltd (RECPDCL) was the bid process coordinator.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Good news for Gautam Adani as Adani Group bags project worth Rs 44000000000 from....
Good news for Gautam Adani as Adani Group bags project worth Rs 44000000000 from....

India.com

time5 hours ago

  • India.com

Good news for Gautam Adani as Adani Group bags project worth Rs 44000000000 from....

Gautam Adani- File image In a significant development for the Gautam Adani led Adani Group, Adani Energy Solutions Limited (AESL) bagged a massive interstate transmission project worth Rs 1,600 crore in Maharashtra. With this project, AESL's order book now stands at Rs 61,600 crore. The new Adani project reportedly involves creation of a substation capacity of 3,000 mega volt-ampere (MVA) and other infrastructure related to power transmission. Earlier in March, the Adani Energy Solutions Ltd (AESL) had bagged a Rs 2,800 crore power transmission project in Gujarat, taking the total to Rs 4400 crore. Here all the details you need to know about the two recent projects for the Adani group. Adani group bags 1600 crore project in Maharashtra Awarded through a competitive bidding process, the Maharashtra project of the Adani group involves developing infrastructure with a substation capacity of 3,000 MVA. Bid under the the Interstate Transmission System (ISTS), AESL has stated that the initiative will support India's energy self-reliance and green goals. As per a report by PTI news agency, the Gujarat project will supply green electrons for manufacturing of Green Hydrogen and Green Ammonia at Mundra in Gujarat, AESL said in an exchange filing. For the company, this is its sixth order win this fiscal year, taking its order book to Rs 57,561 crore, the company said. This project 'Transmission System for Green Hydrogen/Ammonia Manufacturing Potential in Mundra, Gujarat' involves upgrading the Navinal (Mundra) electrical substation by adding two large 765/400kV (kilovolt) transformers. Additionally, a 75 km long 765kV double-circuit line will be constructed to connect this substation to the Bhuj substation. The project will see the addition of 150 cKM (circuit kilometer) of transmission lines and 3,000 MVA (megavolt-amperes) of transformation capacity to AESL's overall transmission infrastructure, taking them to 25,928 cKM and 87,186 MVA, respectively. AESL won the project under the Tariff-Based Competitive Bidding (TBCB) mechanism and PFC Consulting Ltd was the bid process coordinator. (With inputs from agencies)

POWERGRID commissions 220 kV Kathalguri-Namsai transmission line
POWERGRID commissions 220 kV Kathalguri-Namsai transmission line

United News of India

time5 hours ago

  • United News of India

POWERGRID commissions 220 kV Kathalguri-Namsai transmission line

Itanagar, June 1 (UNI) In a major boost to the power infrastructure of the Northeast, Power Grid Corporation of India Limited (PGCIL) has successfully commissioned the 220 kV Double Circuit (D/C) Kathalguri-Namsai Transmission System—five months ahead of schedule. The project, executed under the Tariff-Based Competitive Bidding (TBCB) framework, marks a significant milestone in strengthening the region's energy backbone. Spanning 71 km, the transmission line links NEEPCO's Assam Gas-Based Power Plant at Kathalguri to the state-of-the-art 220 kV Gas Insulated Substation (GIS) in Namsai, Arunachal Pradesh. The project also includes a bay extension at Kathalguri, Assam, ensuring enhanced operational efficiency. This development not only facilitates seamless power injection from the National Grid into Arunachal Pradesh but also improves voltage stability and system redundancy—critical for year-round reliable power supply. The new infrastructure is expected to play a vital role in supporting the developmental aspirations of the region. Lauding the achievement, Arunachal Pradesh Deputy Chief Minister Chowna Mein stated, "Kudos to PGCIL for their exemplary execution and unwavering commitment to the Northeast. This project is a cornerstone in our journey toward robust and reliable energy infrastructure." The successful early commissioning of this project underscores POWERGRID's expertise and dedication to advancing India's power transmission capabilities, especially in remote and challenging terrains like the Northeast. UNI TD ARN

Adani Energy to raise $502 million through stake sale
Adani Energy to raise $502 million through stake sale

Mint

time10 hours ago

  • Mint

Adani Energy to raise $502 million through stake sale

Bloomberg Published 1 Jun 2025, 08:51 AM IST (Bloomberg) -- Billionaire Gautam Adani-controlled Adani Energy Solutions Ltd. approved raising 43 billion rupees ($502 million) via a stake sale. The Adani Group unit's board approved a proposal to raise the amount via 'Qualified Institutional Placement' in one or more tranches, according to an exchange filing Saturday. Adani companies, with interests stretching from ports to green energy, are steadily regaining investor confidence after a US indictment of the founder soured sentiment. The group in April raised about $750 million for an acquisition, with BlackRock Inc. subscribing to about a third of the bond issue. Last week, its ports unit raised $150 million from DBS Group Holdings Ltd. in a bilateral loan. In March, Fitch Ratings removed Adani Energy from a rating watch and assigned it a negative outlook, citing moderating risks associated with the group's liquidity. 'The Adani group has demonstrated adequate funding access' since the US bribery charges, Fitch said in a statement.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store