Adani Energy Solutions secures Rs 1,660 crore transmission project in Maharashtra to boost green power evacuation
Ahmedabad (Gujarat) [India], May 30 (ANI): Adani Energy Solutions Ltd (AESL) announced on Friday that it has won a significant Rs 1,660 crore inter-state transmission project in Maharashtra. The project aims to facilitate green energy evacuation from the Raigad region.
AESL is a private-sector transmission and distribution company and part of the Adani Group.
The project, awarded under the Tariff-Based Competitive Bidding (TBCB) mechanism and coordinated by REC Power Development and Consultancy Ltd (RECPDCL), will be implemented through a Special Purpose Vehicle (SPV) named WRNES Talegaon Power Transmission Ltd, which has now been formally transferred to AESL, the company said in a release.
The transmission project involves creating 3,000 megavolt-amperes (MVA) of substation capacity and associated infrastructure. It is expected to be commissioned by January 2028, it said.
Once completed, the project will support the evacuation of 1.5 GW of green power from upcoming hydro Pumped Storage Projects (PSPs) in the region, catering to the growing electricity demand in Mumbai and adjoining areas.
This latest contract win takes AESL's overall transmission network to 26,696 circuit kilometers (ckm) and transformation capacity to 93,236 MVA.
More notably, it boosts the company's transmission order book to approximately Rs 61,600 crore.
'The development underlines AESL's growing role in India's energy transition, as it continues to expand its footprint in sustainable infrastructure while contributing to the country's renewable energy goals,' the AESL release added. (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
31 minutes ago
- Hans India
Gold rates in Hyderabad today surges, check the rates on 1 July, 2025
The gold rates today slashed in Hyderabad on 1 July, 2025. Going by the rates today, the price of 10 grams of 22-carat gold is Rs. 90,200 with a hike of Rs. 1050 while the rate of 10 grams of 24-carat gold is at Rs. 98,400 with a hike of Rs. 1140. While the Silver rate is at Rs. 1,20,000 per kilogram. The gold rates in the international market have been fluctuating. Over the past few weeks gold rates have experienced a fall during the wedding season, fluctuating around Rs. 90,000 for 10 grams of 24-carat gold and approximately Rs. 1,00,000 for 10 grams of 22-carat gold. The gold prices mentioned here are due at 8am, the prices could alter at every moment and hence the gold buyers need to track the live prices at a given time. The mentioned prices here are closing prices of yesterday while today's price would begin either with a decrease or increase.
India Today
33 minutes ago
- India Today
Railways rationalises basic fare for passenger train services, details
To streamline fare structures and ensure better financial sustainability, the Ministry of Railways has announced a rationalisation of basic fares for passenger train services, effective from July 1, 2025. The revised fares are based on the updated Passenger Fare Table issued by the Indian Railway Conference Association (IRCA).According to the new fare structure, there will be no increase in ordinary non-AC class fares for journeys up to 500 km. For longer distances, a nominal hike has been introduced: Rs 5 for distances between 501 km and 1500 km, Rs 10 for 1501 km to 2500 km, and Rs 15 for journeys between 2501 km and 3000 Mail and Express trains (non-AC classes), the basic fare has been increased by 1 paisa per kilometre across Second Class, Sleeper Class, and First Class categories. In AC classes, including AC Chair Car, AC 3-Tier, AC 2-Tier, and Executive Classes, fares will rise by 2 paisa per single journey fares and season tickets, for both suburban and non-suburban routes, remain unchanged. Reservation charges, superfast surcharges, and other ancillary fees also remain the same. GST will continue to be applied as per existing rules, and fare rounding principles will remain revised fare will apply to tickets booked on or after July 1, 2025. Tickets issued before this date will remain valid at the old rates, and no fare adjustment will be made. The Indian Railways is updating its Passenger Reservation System (PRS), Unreserved Ticketing System (UTS), and manual ticketing systems to reflect the new fare rationalisation will also cover premium and special train services, including Rajdhani, Shatabdi, Duronto, Vande Bharat, Tejas, Humsafar, Amrit Bharat, Mahamana, Gatimaan, Antyodaya, Jan Shatabdi, Yuva Express, AC Vistadome coaches, and Anubhuti Ministry of Railways has directed all Zonal Railways to update fare displays at stations and ensure a smooth implementation of the revised fares from July.- Ends
Hans India
35 minutes ago
- Hans India
Gold rates in Visakhapatnam today surges, check the rates on 1 July, 2025
The gold rates today slashed in Visakhapatnam on 1 July, 2025. Going by the rates today, the price of 10 grams of 22-carat gold is Rs. 90,200 with a hike of Rs. 1050 while the rate of 10 grams of 24-carat gold is at Rs. 98,400 with a hike of Rs. 1140. While the Silver rate is at Rs. 1,20,000 per kilogram. The gold rates in the international market have been fluctuating. Over the past few weeks gold rates have experienced a fall during the wedding season, fluctuating around Rs. 90,000 for 10 grams of 24-carat gold and approximately Rs. 1,00,000 for 10 grams of 22-carat gold. The gold prices mentioned here are due at 8am, the prices could alter at every moment and hence the gold buyers need to track the live prices at a given time. The mentioned prices here are closing prices of yesterday while today's price would begin either with a decrease or increase.
