AESL announced that it has secured a ₹25,000 crore order for the Bhadla-Fatehpur HVDC project, which will evacuate 6 GW of renewable energy from Rajasthan to North India. The project will be completed in 4.5 years.
Adani Energy Solutions Ltd (AESL) has been awarded the ₹25,000 crore Bhadla-Fatehpur HVDC project, which will facilitate the evacuation of 6 GW of renewable energy from Rajasthan to demand centres in North India, the company said in a press release on the stock exchange.
This marks AESL’s largest-ever order win, bringing its total under-execution order book to ₹54,761 crore. The HVDC system, covering 2,400 km, will have 7,500 MVA of transmission capacity and is expected to be completed within 4.5 years.
The Bhadla-Fatehpur project will play a critical role in supporting India’s renewable energy goals by linking renewable energy zones (REZs) in Rajasthan to the national grid.
By enabling the efficient transmission of clean energy, AESL is contributing to India’s decarbonisation efforts and reducing the reliance on non-renewable energy sources. AESL will deploy advanced technology and sustainable practices to minimise environmental impact while completing the project on time.
AESL is the only private-sector player in India to own an HVDC asset, which is preferred for long-distance power transmission due to its efficiency. This project marks AESL’s third HVDC venture after the Mundra-Mahendragarh and Aarey-Kudus projects. The Bhadla-Fatehpur project further solidifies AESL’s leadership in the HVDC transmission space.
Adani Energy Solutions’ share price ended 0.21% lower at ₹814 against ₹815.75 at its previous close.
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Published on: Jan 21, 2025, 5:54 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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