Adani Energy Solutions wins Rs 1,660 crore green power transmission project in Maharashtra
(AESL) on Friday announced that it has won a major inter-state transmission project worth Rs 1,660 crore in
Maharashtra
. The project will help transmit 1.5 gigawatts (GW) of green energy from new hydro storage plants in Raigad to Mumbai and nearby areas.
The project, to be executed through the newly transferred special purpose vehicle WRNES Talegaon Power Transmission Ltd, will involve the development of 3,000 Mega Volt-Amperes (MVA) of
substation capacity
along with associated transmission lines, the company informed in an exchange filing. It is expected to be commissioned by January 2028.
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'This project marks a significant step toward enabling green energy access in western India,' AESL said, highlighting its role in supporting the region's
clean energy transition
and meeting rising electricity demand.
Awarded under the Tariff-Based Competitive Bidding (TBCB) mechanism, the project was coordinated by REC Power Development and Consultancy Ltd (RECPDCL).
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With this win, AESL's cumulative transmission network expands to 26,696 circuit kilometres and 93,236 MVA of transformation capacity. The company's total transmission order book now stands at ₹61,600 crore.
Shares of Adani Energy Solutions Ltd closed today at ₹867.80, down ₹13.15 or 1.49%.
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