Adani Energy acquires Rs 40.91 Bn Khavda Project

04 Sep 2024 CW Team

Adani Energy Solutions Ltd. (AESL) announced that it has completed its acquisition of the special purpose vehicle (SPV) for the Khavda Phase IV Part-A transmission project, following the receipt of a letter of intent (LOI) from REC Power Development and Consultancy.

This acquisition reinforces AESL's leadership in India's energy transition and solidifies its status as the country's largest private-sector transmission player.

Khavda IVA Power Transmission, the SPV established by RECPDCL to facilitate the evacuation of 7 GW of renewable energy from the Khavda RE Park under the Phase IV Part A package, has now been acquired by AESL. The project includes the development of a transmission line that will connect 765 kV double circuit lines from Khavda to Lakadia and Khavda to Bhuj in Gujarat, with a transformation capacity of 4,500 MVA.

According to Adani Energy, the Khavda renewable energy park, the largest of its kind globally with a planned generation capacity of 30 GW, will play a significant role in advancing India's decarbonization efforts.

The award of this project to AESL is a critical step in enhancing the infrastructure necessary to evacuate clean energy. "As the world's largest renewable energy park, Khavda demands power evacuation infrastructure that is not only world-class but also resilient and future-ready," said Kandarp Patel, Chief Executive Officer of AESL. "This investment will not only establish the critical transmission network required to evacuate the planned 30 GW of green power that Khavda will generate but also provide the much-needed grid stability. AESL is proud to be part of this initiative as this network will play a very important role in the seamless flow of green energy to the national grid, bolstering India's journey towards net zero."

Infrastructure Transport

09 Jan 2026

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..

India Post, MoRD Tie Up to Boost Rural Inclusion

The Department of Posts and the Ministry of Rural Development have signed a Memorandum of Understanding to accelerate rural transformation and expand financial, digital and logistics services for Self-Help Groups (SHGs) and rural households across India. The agreement was signed in the presence of Union Minister of Communications and Development of North Eastern Region Jyotiraditya M. Scindia and Union Minister of Rural Development and Agriculture and Farmers’ Welfare Shivraj Singh Chouhan. The collaboration aligns with the government’s “Dak Sewa, Jan Sewa” vision and seeks to repositi..