Adani Secures $2.89 Bn Renewable Energy Transmission Project

23 Jan 2025 CW Team

The project was awarded to AESL through the Tariff-Based Competitive Bidding mechanism, marking the first private-sector HVDC project to be granted. RECPDCL acted as the bid process coordinator.

The HVDC project will facilitate the evacuation of 6 GW of renewable energy from Rajasthan’s renewable energy zones, extending beyond Bhadla-III, to meet demand in North India and integrate with the national grid.

AESL plans to establish a 6,000 MW HVDC system, spanning 2,400 ckm, with a 7,500 MVA transmission capacity between Bhadla and Fatehpur in Uttar Pradesh. The system will include HVDC terminals with 100 per cent power reversal capability.

The project, which is set to be implemented over a period of four and a half years, will be built, owned, operated, and later transferred.

This marks AESL’s third HVDC project following the completion of the Mundra—Mahendragarh project and the ongoing Aarey-Kudus project.

Other competitors who qualified in the technical round included Power Grid Corporation of India, Sterlite Grid 37, and IndiGrid 2.

With the addition of this order, AESL's under-execution order book now stands at Rs 547.61 billion, expanding its transmission network to 25,778 ckm and a transformation capacity of 84,186 MVA.

In a related development, last November, Power Finance Corporation transferred its special purpose vehicle, Pune-III Transmission, to AESL, which emerged as the successful bidder for evacuating 7 GW of power from Khavda, Gujarat, under Phase IV, Part D, for Rs 187.8 million.

Additionally, in 2023, AESL's parent company Adani Group’s subsidiary, Adani Energy Solutions, secured financial closure for its $1 billion Green HVDC link project in Mumbai.

Adani Energy Solutions (AESL) has secured the Rs 250 billion Bhadla-Fatehpur High Voltage Direct Current (HVDC) transmission project from REC Power Development and Consultancy’s (RECPDCL) to evacuate 6 GW of renewable energy. This project is part of a broader initiative aimed at evacuating an additional 20 GW of renewable power from Rajasthan’s renewable energy zones under Phase III Part I. The project was awarded to AESL through the Tariff-Based Competitive Bidding mechanism, marking the first private-sector HVDC project to be granted. RECPDCL acted as the bid process coordinator. The HVDC project will facilitate the evacuation of 6 GW of renewable energy from Rajasthan’s renewable energy zones, extending beyond Bhadla-III, to meet demand in North India and integrate with the national grid. AESL plans to establish a 6,000 MW HVDC system, spanning 2,400 ckm, with a 7,500 MVA transmission capacity between Bhadla and Fatehpur in Uttar Pradesh. The system will include HVDC terminals with 100 per cent power reversal capability. The project, which is set to be implemented over a period of four and a half years, will be built, owned, operated, and later transferred. This marks AESL’s third HVDC project following the completion of the Mundra—Mahendragarh project and the ongoing Aarey-Kudus project. Other competitors who qualified in the technical round included Power Grid Corporation of India, Sterlite Grid 37, and IndiGrid 2. With the addition of this order, AESL's under-execution order book now stands at Rs 547.61 billion, expanding its transmission network to 25,778 ckm and a transformation capacity of 84,186 MVA. In a related development, last November, Power Finance Corporation transferred its special purpose vehicle, Pune-III Transmission, to AESL, which emerged as the successful bidder for evacuating 7 GW of power from Khavda, Gujarat, under Phase IV, Part D, for Rs 187.8 million. Additionally, in 2023, AESL's parent company Adani Group’s subsidiary, Adani Energy Solutions, secured financial closure for its $1 billion Green HVDC link project in Mumbai.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..