Adani Energy Solutions Limited has bagged long-term financing from a consortium of Japanese banks for its flagship high-voltage direct current (HVDC) transmission project. The financing was led by Japanese banking partners MUFG Bank Limited and Sumitomo Mitsui Banking Corporation.
Furthermore, the green evacuation corridor has been configured as a high-capacity ±800 kV HVDC network with an evacuation capacity of 6,000 MW. The 950-kilometre corridor will connect Bhadla in Rajasthan to Fatehpur in Uttar Pradesh. It is backed by advanced HVDC technology supplied by Hitachi in partnership with Bharat Heavy Electricals Limited.
The project is scheduled to be commissioned by 2029. Additionally, it aims to strengthen the flow of renewable power across northern India by playing a central role in evacuating renewable energy from Rajasthan’s solar-rich regions and delivering it into the national grid.
