Ahmedabad: Adani Energy Solutions Limited (AESL), India’s largest private transmission and distribution company and a part of the globally-diversified Adani portfolio, has got a project to build and operate a 300 km transmission line to evacuate 7 GW of renewable energy (RE) at a cost of Rs 3,000 crore.
The transmission line will be from Khavda RE park in Gujarat into the national grid, according to an announcement by the company.
It said it received the Letter of Intent (LoI) for the acquisition of Halvad Transmission Ltd from PFC Consulting Limited (PFCCL) to build, own, operate & maintain transmission project for a period of 35 years.
With this, AESL now has 20,518 ckm of transmission lines and 53,161 MVA of transformation capacity, the company said.
Halvad Transmission Ltd., a special purpose vehicle (SPV), was set up by PFCCL for evacuating 7 GW of renewable energy (RE) from the Khavda RE park. AESL acquired it through a tariff-based competitive bidding (TBCB) process and will commission it in 24 months on BOOM (Build, Own Operate, and Maintain) basis.
The world’s largest RE park, with a generation capacity of 30,000 MW of green energy, is coming up at Khavda, Gujarat. The Halvad transmission line, part of national grid, will help evacuate 7GW of RE by connecting Khavda to Halvad, also in Gujarat.
The project includes setting up of a 765 kV Halvad switching station with 2×330 MVAr bus reactors and a line-in line-out of Lakadia–Ahmedabad 765 kV D/c line at Halvad.
MD of Adani Energy Solutions Ltd. Anil Sardana said, “The 7GW project will go a long way in making additional renewable energy available to consumers. We will use the latest technology to commission this project with minimal environmental impact.”
Winning this project consolidates AESL’s market-leading position and takes its network (installed and under-commissioning) to 20,518 ckm and 53,161 MVA of transformation capacity.
