Adani Energy’s $1 B HVDC link
Adani Energy Solutions Ltd has announced successful financing of its $1 B Mumbai HVDC link project.
Image for illustration purposes.
India, Mumbai: Adani Energy Solutions Ltd has announced successful financing of its $1 B Mumbai HVDC link project.
This project, on which construction work is expected to start in October 2023, will enable further ‘greening’ of the Mumbai Grid by supplying more renewable power to the city while supporting its rising electricity demand.
It is expected that Mumbai’s electricity demand will rise to 5,000 MW by 2025 from the current peak demand of 4,000 MW. The city has only 1,800 MW of embedded generation capacity and the existing transmission corridors face capacity constraint risks.
The HVDC transmission link will enhance grid stability by providing an interface with the state and national grids. The link shall bulk-inject an additional 1,000 MW of renewable power into the city, thus ensuring uninterrupted power supply in future.
“This link is the need of the hour for the city and will support its growth aspirations. It showcases our commitment to offering Mumbai a brighter and greener future. The project will help accelerate the city’s decarbonization and its net zero journey.” said Anil Sardana, MD, AESL. “We would like to express our sincere appreciation to our banking partners for their continued support in completing the transaction smoothly and for their endured faith and confidence in AESL.”
The 80 km HVDC link has an underground component of 50 km, and Hitachi Energy India Ltd. has been chosen for building this link.
Source: T&D India
#Adani Energy Solutions Ltd#HVDC transmission link#renewable power