Latest news with #WRNESTalegaonPowerTransmissionLtd
Business Standard
3 days 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.
Time of India
3 days ago
- Business
- Time of India
Adani Energy Solutions wins Rs 1,660 crore green power transmission project in Maharashtra
Adani Energy Solutions Ltd (AESL) on Friday announced that it has won a major inter-state transmission project worth Rs 1,660 crore in Maharashtra . The project will help transmit 1.5 gigawatts (GW) of green energy from new hydro storage plants in Raigad to Mumbai and nearby areas. The project, to be executed through the newly transferred special purpose vehicle WRNES Talegaon Power Transmission Ltd, will involve the development of 3,000 Mega Volt-Amperes (MVA) of substation capacity along with associated transmission lines, the company informed in an exchange filing. It is expected to be commissioned by January 2028. Also Read: Adani, Emaar said to cease talks on Indian real estate unit sale Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Se lanza la píldora 7 veces más fuerte y natural vigor7 Más información Undo 'This project marks a significant step toward enabling green energy access in western India,' AESL said, highlighting its role in supporting the region's clean energy transition and meeting rising electricity demand. Awarded under the Tariff-Based Competitive Bidding (TBCB) mechanism, the project was coordinated by REC Power Development and Consultancy Ltd (RECPDCL). Live Events With this win, AESL's cumulative transmission network expands to 26,696 circuit kilometres and 93,236 MVA of transformation capacity. The company's total transmission order book now stands at ₹61,600 crore. Shares of Adani Energy Solutions Ltd closed today at ₹867.80, down ₹13.15 or 1.49%.
