Adani Energy Solutions Ltd (AESL) has won an interstate transmission system (ISTS) scheme, housed under project SPV “Halvad Transmission Ltd” through the tariff-based competitive bidding (TBCB) route.
In a release, AESL said that that it has received the Letter of Intent (LoI) for the acquisition of Halvad Transmission Ltd. from bid process coordinator PFC Consulting Ltd (PFCCL).
The project SPV will be developing an ISTS scheme officially termed as “Transmission system for evacuation of additional 7 GW of RE power from Khavda RE Park under Phase III Part A.”
AESL is expected to commission the project in the next 24 months on BOOM (Build, Own Operate, and Maintain) basis.
As reported by T&D India on November 21, 2023, AESL was in the final race for Halvad Transmission, alongside two contenders – PGCIL and Sterlite Power.
AESL would be investing around Rs.3,000 crore to build, own, operate and maintain the 301 km (656 ckm) transmission project for a period of 35 years. The project includes setting up of 765kV Halvad switching station with 2×330 MVAr bus reactors and LILO of the 765kV double-circuit Lakadia – Ahmedabad line at Halvad.
Khavda Park
The world’s largest RE park, with a generation capacity of 30,000 MW of green energy, is coming up at Khavda, Gujarat. The Halvad transmission line, part of National Grid, will help evacuate 7GW of RE by connecting Khavda to Halvad (also in Gujarat).
Use of latest technology
Anil Sardana, MD, Adani Energy Solutions Ltd., said, “AESL is committed to partner with the government and developers of renewable energy to expedite efficient evacuation of renewable energy from the generating regions upto the consumers. The 7GW Khavda Project will go a long way in making additional renewable energy available for the consumers and we will use latest technology to commission this project with minimal environmental impact.”
AESL portfolio
Winning this project further consolidates AESL’s market-leading position and takes its network (installed and under-commissioning) to 20,518 ckm and 53,161 MVA of transformation capacity, the release said.
Part B
The overall project ““Transmission system for evacuation of additional 7 GW of RE power from Khavda RE Park under Phase III” is being developed in two stages – Part A and Part B. While Adani Energy Solutions has clinched Part A as discussed in this story, PGCIL is the successful bidder for Part B.
Also read: Adani Energy Solutions Commissions RE Evacuation Scheme In Tamil Nadu
Featured photograph is for representation only.
