Adani Energy Solutions Ltd – AESL has acquired the Khavda Phase-IV Part-A transmission project. This is a critical step in evacuating 7 GW of renewable energy from the Khavda Renewable Energy Park into India’s National Grid. The project, is valued at approximately ₹4,091 crore. It involves constructing a 298 km [596 ckm] transmission line and setting up a 300 MVAr STATCOM. This is the first of its kind, to ensure grid stability and balance power fluctuations.
AESL will execute this project on a BOOT [Build, Own, Operate, and Transfer] basis within the next 24 months. Adding to its existing portfolio of 21,783 ckm of transmission lines and 61,686 MVA of transformation capacity. The Khavda IVA Power Transmission Ltd, a special purpose vehicle created by REC Power Development and Consultancy Ltd [RECPDCL], has been acquired by AESL for this purpose.
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Khavda, poised to be the world’s largest renewable energy park with a planned capacity of 30 GW. It is a cornerstone in India’s decarbonization efforts. This transmission project will play a vital role in supporting India’s transition to clean energy. It will also enhance grid stability, and contributing to the nation’s net-zero goals.
Khavda Renewable Energy Park
AESL’s CEO, Kandarp Patel, highlighted that this investment also ensures the seamless flow of green energy to the national grid. This reinforces India’s commitment to a sustainable future.
“As the world’s largest renewable energy park, Khavda demands power evacuation infrastructure that is resilient and future-ready.” Said Mr Kandarp Patel, Chief Executive Officer, AESL.
“This investment will not only establish the critical transmission network to evacuate the planned 30 GW of generated green power. But also provide the much-needed grid stability. AESL is proud to be part of this initiative as this network will aid the seamless flow of green energy to the national grid.”
