Adani Energy to spend $360 M on Gujarat transmission line
Adani Energy Solutions plans to spend $360 million to build a transmission line to connect a solar and wind energy park in the western Indian state of Gujarat with the power grid.
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India, Mumbai: Adani Energy Solutions plans to spend $360 million to build a transmission line to connect a solar and wind energy park in the western Indian state of Gujarat with the power grid.
Adani Energy acquired Halvad Transmission, a renewable energy transmission network project in Gujarat, through a bidding process from PFC Consulting. Halvad Transmission, a part of India’s national grid, was set up by PFC Consulting to carry 7 GW of electricity from the 30 GW Khavda solar energy park.
Adani operates a large private power distribution network, and is planning to commission the 765 kV Halvad transmission line, which will extend for 301 km (187 miles), in 24 months and will operate and maintain it for over 35 years. After the acquisition, the company’s cumulative transmission network, including installed and lines being commissioned, will reach 20,518 circuit km (12,750 miles).
Source: Reuters
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