Latest news with #AESL
Entrepreneur
12 hours ago
- Business
- Entrepreneur
Adani Energy Wins INR 1,660 Crore Transmission Project in Maharashtra
This will take AESL's total transmission network to 26,696 circuit kilometers (ckm) and transformation capacity to 93,236 MVA, reinforcing its position as a key player in India's power transmission sector. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Adani Energy Solutions Ltd (AESL), India's largest private transmission and distribution company, has secured a major inter-state transmission project worth INR 1,660 crore in Maharashtra. According to a regulatory filing by AESL, the company will develop critical infrastructure to support green energy evacuation from hydro-based projects in the region. The project involves establishing 3,000 Mega Volt-Amperes (MVA) of substation capacity along with associated transmission infrastructure. This will take AESL's total transmission network to 26,696 circuit kilometers (ckm) and transformation capacity to 93,236 MVA, reinforcing its position as a key player in India's power transmission sector. The project will be executed under a Special Purpose Vehicle (SPV) named WRNES Talegaon Power Transmission Ltd, which was officially transferred to AESL today. The infrastructure is expected to be commissioned by January 2028 and will play a vital role in evacuating 1.5 gigawatts (GW) of green power generated from upcoming hydro Pumped Storage Projects (PSPs) in the region. This energy will serve the growing electricity demand of Mumbai and surrounding urban centers. The project was awarded through the Inter State Transmission System (ISTS) mechanism under Tariff Based Competitive Bidding (TBCB), with REC Power Development and Consultancy Ltd (RECPDCL) acting as the bid process coordinator. This win further strengthens AESL's portfolio and demonstrates its continued success in the competitive power transmission market. With this addition, the company's order book now stands at approximately INR 61,600 crore. AESL is part of the diversified Adani Group and is known for its strategic focus on building sustainable and high-capacity transmission networks across India. The company has consistently expanded its footprint through a combination of organic growth and competitive bidding, aligning with the country's larger shift towards renewable energy integration and grid modernization. By facilitating the transmission of hydroelectric power, the Talegaon project also contributes to India's broader decarbonization goals. It exemplifies AESL's role not just as a transmission company, but as an enabler of the country's energy transition.
Mint
a day ago
- Business
- Mint
Adani Energy Solutions bags ₹1,600-crore transmission project, order book swells to ₹61,600 crore
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.
Business Standard
a day ago
- Automotive
- Business Standard
Adani Energy Solutions wins Rs 1660 cr inter-state transmission project in Maharashtra
Adani Energy Solutions (AESL) has won a Rs 1,660 crore inter-state transmission project in Maharashtra. The project scope 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 project, housed under the Special Purpose Vehicle (SPV) WRNES Talegaon Power Transmission Ltd, will help evacuate 1.5 GW of green power from upcoming hydro Pumped Storage Projects (PSP) in the region and will help meet demand from Mumbai and surrounding areas. The project SPV was formally transferred to AESL today. AESL won this Inter State Transmission System (ISTS) project under the Tariff Based Competitive Bidding (TBCB) mechanism, and REC Power Development and Consultancy Ltd (RECPDCL) was the bid process coordinator. With this order win, AESL's transmission orderbook now stands at Rs ~61,600 crore.
India Gazette
a day ago
- Business
- India Gazette
Adani Energy Solutions secures Rs 1,660 crore transmission project in Maharashtra to boost green power evacuation
Ahmedabad (Gujarat) [India], May 30 (ANI): Adani Energy Solutions Ltd (AESL) announced on Friday that it has won a significant Rs 1,660 crore inter-state transmission project in Maharashtra. The project aims to facilitate green energy evacuation from the Raigad region. AESL is a private-sector transmission and distribution company and part of the Adani Group. The project, awarded under the Tariff-Based Competitive Bidding (TBCB) mechanism and coordinated by REC Power Development and Consultancy Ltd (RECPDCL), will be implemented through a Special Purpose Vehicle (SPV) named WRNES Talegaon Power Transmission Ltd, which has now been formally transferred to AESL, the company said in a release. The transmission project involves creating 3,000 megavolt-amperes (MVA) of substation capacity and associated infrastructure. It is expected to be commissioned by January 2028, it said. Once completed, the project will support the evacuation of 1.5 GW of green power from upcoming hydro Pumped Storage Projects (PSPs) in the region, catering to the growing electricity demand in Mumbai and adjoining areas. This latest contract win takes AESL's overall transmission network to 26,696 circuit kilometers (ckm) and transformation capacity to 93,236 MVA. More notably, it boosts the company's transmission order book to approximately Rs 61,600 crore. 'The development underlines AESL's growing role in India's energy transition, as it continues to expand its footprint in sustainable infrastructure while contributing to the country's renewable energy goals,' the AESL release added. (ANI)
Mint
a day ago
- Business
- Mint
Adani Energy Solutions bags ₹1,600-crore transmission project, order book swells to ₹61,600 crore
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. AESL, part of the Adani portfolio, is a multi-dimensional organisation with a presence in various facets of the energy domain, like power transmission, distribution, smart metering, and cooling solutions.
