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Adani Energy Solutions to Develop Transmission Line in India for 4.5 GW of Renewables

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Adani Energy Solutions, an Indian power transmission and distribution company, will develop a power transmission line in India that will transport up to 4.5 gigawatts of renewable energy from Karnataka to Maharashtra, it said on Wednesday.

The project is valued at 47 billion Indian rupees ($493.54 million). It includes 562 circuit kilometers of transmission lines and 9,000 megavolt-amperes of transformation capacity, to strengthen the inter-regional transmission corridor between Western and Southern grids.

It will also enhance the pumped storage potential in Satara, Pune and Mumbai Metropolitan Region, according to the statement.

Adani said it secured the project after emerging as the lowest bidder in a Tariff-Based Competitive Bidding process. Its transmission orderbook now stands at 850 billion rupees following the award.

The company's cumulative transmission network will expand to 29,739 ckm once the project is completed in three years, while its transformation capacity will increase to 143,425 MVA.

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