Adani Energy Solutions Limited has secured long term financing from leading Japanese banks for a high voltage direct current (HVDC) transmission project designed to strengthen evacuation of renewable power across northern India. The financing will support the construction of a high capacity ±800 kV HVDC network that is intended to move large volumes of clean energy from generation centres to demand hubs. The company said the corridor forms a central piece of its transmission strategy to integrate dispersed solar resources into the national grid.

It will carry solar energy from resource rich areas in Rajasthan to the wider network, linking Bhadla in Rajasthan to Fatehpur in Uttar Pradesh over a 950 kilometre corridor scheduled for commissioning by 2029. The route is designed with an evacuation capacity of 6,000 MW to accommodate large scale flows and to reduce transmission bottlenecks. The exact amount of funding secured was not disclosed but the lending group is led by MUFG Bank Ltd and Sumitomo Mitsui Banking Corporation.

Advanced HVDC equipment is to be supplied by Hitachi in partnership with Bharat Heavy Electricals Limited (BHEL), a collaboration that is expected to strengthen domestic manufacturing and engineering content. The asset is part of the Adani Group integrated clean energy platform and complements generation projects in Rajasthan run by Adani Green Energy Limited that already feed renewables into the transmission system. Adani Electricity Mumbai Limited currently integrates over 40 per cent renewable energy into its supply mix, placing Mumbai among the leading cities globally for sustainable power usage.

The corridor is expected to improve grid stability and to enable the large scale integration of renewable energy for major urban and industrial centres as demand rises. By ensuring reliable long distance transmission the project should help balance fluctuating generation with consumption and reduce curtailment of clean output. Commissioning by 2029 will allow the network to support growth in clean power capacity and to facilitate regional energy trade over long distances.