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Adani Energy Solutions commissions Mumbai’s first-ever 400 KV double circuit transmission line

03 October 20232 mins read by Angel One
AESL has a market capitalization of over Rs 90,000 crore and has delivered multibagger returns of 227% in three years and 425% in five years.
Adani Energy Solutions commissions Mumbai’s first-ever 400 KV double circuit transmission line
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Kharghar Vikhroli Transmission Limited (KVTL), which will enable additional power to be brought into Mumbai and thus enable meeting the city’s growing and future electricity demand, is commissioned. Built by Adani Energy Solutions Limited (earlier known as Adani Transmission Limited), the energy solution, transmission and distribution arm of the Adani portfolio, the project is critical for Mumbai as the existing capacity of the transmission corridor is not sufficient to carry further power into the city.

Mumbai witnessed grid failure twice in recent times – on February 27, 2022, and on October 12, 2020; localities across the metropolis went dark for a considerable period. The Kharghar-Vikhroli line will bring an additional 1,000 MW of reliable power to Mumbai city as a solution to mitigate any such incidents in the future. With this project’s commissioning, Mumbai gets a 400 KV grid within its municipal geography, bringing enhanced import capability within its electricity grid and improving reliability and stability. For consumers, it provides that much more sustainability to commuting through bullet trains, Metro Rail and city railways, as well as for commercial and residential establishments.

KVTL comprises approximately 74 circuit kilometres of 400 kV and 220 kV transmission lines, along with a 1,500 MVA 400kV Gas Insulated Substation (GIS) at Vikhroli, the first 400KV substation of its kind in Mumbai. Occupying approximately 9,500 sq. m area, it has the most compact design when it comes to 400 KV substations. Its unique design vertically stacks 400kV and 220kV GIS, thus minimizing space requirements.

Adani Transmission Limited (ATL), a private power transmission and distribution company owned by the Adani Group, is responsible for establishing, commissioning, setting up, operating, and maintaining electric transmission systems in India.

On Tuesday, the shares of Adani Energy Solutions Limited (AESL), another Adani Group company, fell 0.08% to Rs 808 per share. The intraday high was Rs 816.65 and the intraday low was Rs 807.45. AESL has a market capitalization of over Rs 90,000 crore and has delivered multibagger returns of 227% in three years and 425% in five years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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