Adani Transmission adds more lines network portfolio in FY21
Adani Transmission Ltd (ATL) has added 2,536 circuit km (ckm) to its power transmission network portfolio during FY21, stated a reliable source.
Source: T&D India
India, Ahmedabad: Adani Transmission Ltd (ATL) has added 2,536 circuit km (ckm) to its power transmission network portfolio during FY21, stated a reliable source.
According to media reports, ATL added this 2,536 ckm through both the organic and inorganic route. The total transmission network of ATL reached 17,276 ckm, as of 31 March 2021.
Meanwhile, ATL has planned capital expenditure of $613 M (Rs.4,500 crore) during FY22. Out of this, $409 M (Rs.3,000) crore would go towards the power transmission business while the remaining $204 M (Rs.1,500 crore) would be for the power distribution business.
ATL, through its subsidiary Adani Electricity Mumbai Ltd (AEML) is the power distribution licensee in Mumbai, catering to over 3 million consumers.
ATL has 22 power transmission projects won under the tariff-based competitive bidding route. Out of these, 13 are operational with an asset base of Rs.6,800 crore while nine, with an asset base of $926 M Rs.8,300 crore, are under construction.
ATL’s power transmission network has seen a steady growth from 5,450 ckm as of 31 March 2017 to 17,276 ckm, as of 31 March 2021.
Source: T&D India