New Delhi: Adani Energy Solutions Ltd (AESL) has won a transmission project in Maharashtra entailing an estimated capital expenditure of about Rs 4,700 crore, the company said in a statement on Wednesday. The project is for the evacuation of renewable energy generated in Karnataka to major load centres in Maharashtra.
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The scheme, called "Network Expansion Scheme in Western Region to Cater to Pumped Storage Potential near Satara (up to 4,500 MW) - Part A," was won through the Tariff Based Competitive Bidding (TBCB) process. AESL said it emerged as the lowest bidder.
The project is housed under a Special Purpose Vehicle (SPV), Satara Power Transmission Ltd. AESL said it will be delivered within 36 months.
The scope includes the establishment of a 765/400 kV substation at Satara and a Kolhapur-Satara 765 kV double-circuit transmission line. It also covers the augmentation of the Kolhapur pooling station along with associated transmission infrastructure.
The project will add 562 circuit kilometres (ckm) of transmission lines and 9,000 MVA of transformation capacity to AESL's portfolio. That takes its cumulative transmission network to 29,739 ckm and 1,43,425 MVA of transformation capacity, the company said.
AESL's transmission orderbook now stands at about Rs 85,000 crore.
The company said the project will facilitate the evacuation of up to 4.5 GW of pumped storage potential in Maharashtra and strengthen the inter-regional transmission corridor between the Western and Southern grids. It will also support the growing pumped storage ecosystem in Satara, Pune and the Mumbai Metropolitan Region (MMR).
"Pumped storage projects are emerging as a critical enabler of India's clean energy transition by providing the flexibility and reliability required to integrate large-scale renewable energy into the grid. The Satara transmission project will create a vital transmission backbone to supports both renewable energy evacuation and energy storage deployment, strengthening power flows between Southern and Western India," said Kandarp Patel, CEO, Adani Energy Solutions Ltd.
"AESL remains committed to building future-ready transmission infrastructure that enables renewable energy growth, enhances grid stability and supports India's long-term decarbonisation goals," Patel said.
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AESL said that as India advances toward its target of installing 500 GW of non-fossil energy capacity by 2030, transmission infrastructure serves as the indispensable backbone.
