Did Adani Energy Solutions Win a Rs 1,660 Crore Transmission Project in Maharashtra?
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Synopsis
Adani Energy Solutions Ltd has clinched a major inter-state transmission project in Maharashtra worth Rs 1,660 crore. This project aims to enhance the energy infrastructure in the region and is set to boost green power evacuation from hydro projects. With ambitious growth plans and a commitment to sustainability, AESL continues to lead the private energy sector in India.
Key Takeaways
- Adani Energy Solutions Ltd secures a Rs 1,660 crore project in Maharashtra.
- Project aims to enhance energy infrastructure and evacuate 1.5 GW of green power.
- Scheduled commissioning by January 2028.
- Strengthens AESL's position in the energy sector.
- Part of a larger strategy for sustainable energy growth.
Ahmedabad, May 30 (NationPress) Adani Energy Solutions Ltd (AESL) announced on Friday that it has secured a Rs 1,660 crore inter-state transmission project located in Maharashtra.
The scope of the project involves the construction of 3,000 megavolt-amperes (MVA) of substation capacity, along with other essential transmission infrastructure, expanding AESL's total transmission network to 26,696 ckm (circuit kilometres) and 93,236 MVA of transformation capacity.
AESL, recognized as India's largest private transmission and distribution entity and a key player in the global Adani portfolio, indicated that the project is expected to be operational by January 2028.
This initiative, managed under the Special Purpose Vehicle (SPV) WRNES Talegaon Power Transmission Ltd, aims to facilitate the evacuation of 1.5 GW of renewable energy from forthcoming hydro Pumped Storage Projects (PSP) in the area, addressing the energy needs of Mumbai and its neighboring regions.
The project SPV has been officially handed over to AESL.
AESL successfully obtained this Inter-State Transmission System (ISTS) project through a tariff-based competitive bidding (TBCB) process, with REC Power Development and Consultancy Ltd (RECPDCL) overseeing the bidding.
Following this contract win, AESL's transmission order book now totals Rs 61,600 crore, as reported by the company.
In FY25, Adani Energy Solutions achieved a remarkable 103 percent growth in annual profit after tax (PAT), reaching an unprecedented Rs 2,427 crore, along with an 87 percent PAT increase to Rs 714 crore in Q4 (January-March).
The Adani Group subsidiary also demonstrated a substantial 42 percent year-on-year growth in total income, amounting to Rs 24,447 crore in FY25, the highest to date, fueled by contributions from recently launched transmission projects, strong energy sales in Mumbai and Mundra utilities, and advancements in the smart metering sector.
During the March quarter, the company secured two new transmission projects: Navinal (Mundra) Phase I Part B1 and Mahan Transmission Ltd.
Point of View
I recognize that Adani Energy Solutions Ltd's recent achievement in securing a Rs 1,660 crore project marks a significant milestone in India's energy landscape. This development reflects the growing commitment towards renewable energy and infrastructure enhancement, providing long-term benefits for the region and its energy needs.
NationPress
16/06/2025
Frequently Asked Questions
What is the value of the new transmission project?
The new inter-state transmission project is valued at Rs 1,660 crore.
When is the project expected to be completed?
The project is scheduled to be commissioned by January 2028.
How much green power will the project help evacuate?
The project will facilitate the evacuation of 1.5 GW of green power.
What is the total transmission capacity of AESL after this project?
After this project, AESL's total transformation capacity will be 93,236 MVA.
Which company coordinated the bidding process?
The bidding process was coordinated by REC Power Development and Consultancy Ltd (RECPDCL).
