Now Reading: Adani wins Rs 4,700-crore green power transmission project in Maharashtra
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Adani wins Rs 4,700-crore green power transmission project in Maharashtra
Adani wins Rs 4,700-crore green power transmission project in Maharashtra
Adani Energy Solutions Ltd has won a Rs 4,700-crore transmission project to evacuate 4,500 MW of renewable power from Karnataka to Maharashtra. The company was the lowest bidder in a competitive tariff-based…
Adani Energy Solutions Ltd has won a Rs 4,700-crore transmission project to evacuate 4,500 MW of renewable power from Karnataka to Maharashtra. The company was the lowest bidder in a competitive tariff-based auction. The project will be executed by a special purpose vehicle, Satara Power Transmission Ltd, and is expected to be completed in 36 months.
The infrastructure includes a new 765/400 kV substation at Satara, a double-circuit line from Kolhapur to Satara, and upgrades to the existing Kolhapur pooling station. Once operational, it will add 562 circuit kilometres of lines and 9,000 MVA of transformation capacity to AESL's network. The company says the project will support pumped storage hydro projects in Satara, Pune, and the Mumbai Metropolitan Region.
CEO Kandarp Patel said the transmission backbone will strengthen power flows between south and west India while helping integrate renewable energy and storage. The project aligns with India's target of 500 GW of non-fossil fuel capacity by 2030.
Indian Opinion Analysis
India needs to add about 50 GW of renewable capacity every year until 2030 to meet its 500 GW non-fossil fuel target. Transmission bottlenecks have been a persistent hurdle: states with high renewable potential such as Karnataka and Rajasthan often lack the grid capacity to move power to demand centres like Maharashtra. The Satara project is part of a larger ₹1.2 lakh crore national transmission plan the government approved in 2023 to relieve these constraints. For Adani Energy Solutions, the new lines will nearly double its existing network length of roughly 30,000 ckm if all planned projects are completed. The 36-month construction timeline also puts pressure on the company to deliver ahead of the 2030 deadline. The next milestone is financial closure and the start of land acquisition, which often faces delays in Western Maharashtra.
Source: timesofindia.indiatimes.com
This brief was synthesised by AI from the source linked above.
