Good news for Gautam Adani as Adani Group bags project worth Rs 44000000000 from….
In a significant development for the Gautam Adani led Adani Group, Adani Energy Solutions Limited (AESL) bagged a massive interstate transmission project worth Rs 1,600 crore in Maharashtra. With this project, AESL’s order book now stands at Rs 61,600 crore. The new Adani project reportedly involves creation of a substation capacity of 3,000 mega volt-ampere (MVA) and other infrastructure related to power transmission. Earlier in March, the Adani Energy Solutions Ltd (AESL) had bagged a Rs 2,800 crore power transmission project in Gujarat, taking the total to Rs 4400 crore. Here all the details you need to know about the two recent projects for the Adani group.
Adani group bags 1600 crore project in Maharashtra
Awarded through a competitive bidding process, the Maharashtra project of the Adani group involves developing infrastructure with a substation capacity of 3,000 MVA. Bid under the the Interstate Transmission System (ISTS), AESL has stated that the initiative will support India’s energy self-reliance and green goals.
As per a report by PTI news agency, the Gujarat project will supply green electrons for manufacturing of Green Hydrogen and Green Ammonia at Mundra in Gujarat, AESL said in an exchange filing.
For the company, this is its sixth order win this fiscal year, taking its order book to Rs 57,561 crore, the company said. This project “Transmission System for Green Hydrogen/Ammonia Manufacturing Potential in Mundra, Gujarat” involves upgrading the Navinal (Mundra) electrical substation by adding two large 765/400kV (kilovolt) transformers.
Additionally, a 75 km long 765kV double-circuit line will be constructed to connect this substation to the Bhuj substation.
The project will see the addition of 150 cKM (circuit kilometer) of transmission lines and 3,000 MVA (megavolt-amperes) of transformation capacity to AESL’s overall transmission infrastructure, taking them to 25,928 cKM and 87,186 MVA, respectively. AESL won the project under the Tariff-Based Competitive Bidding (TBCB) mechanism and PFC Consulting Ltd was the bid process coordinator.
(With inputs from agencies)
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