Adani Energy Solutions Ltd (AESL) has added 302 ckm to its power transmission portfolio during the third quarter (Q3: September to December) of FY24.
In an investor presentation filed on stock exchanges recently, AESL said that the 302 ckm of transmission lines added during Q3 of FY24 has taken the company’s portfolio to 20,422 ckm, as of December 31, 2023.
Likewise, the total transformation (Substation) capacity of AESL, as of December 31, 2023, stood at 54,661 MVA, up from 40,001 MVA, as of December 31, 2022.
During Q3 of FY24, AESL put into operations the Kharghar-Vikhroli transmission asset and charged the Khavda-Bhuj line, the presentation said.
In the quarter under discussion, Adani Energy Solutions won one interstate transmission system (ISTS) scheme under the TBCB route, housed under “Halvad Transmission Ltd”. This scheme is officially termed as “Transmission system for evacuation of additional 7 GW of RE power from Khavda RE Park under Phase III Part A.”
AESL also won a project to augment transformation capacity at the KPS1 substation. This project, according to information available with T&D India, will be developed by “KPS1 Transmission Ltd,” a wholly-owned subsidiary of AESL, under the regulated tariff mechanism (RTM) route. KPS1 Transmission Ltd, it may be mentioned, is developing an interstate transmission system (ISTS) scheme under the TBCB modality, termed as “Transmission scheme for injection beyond 3 GW RE (renewable energy) power at KPS1.” [KPS1 stands for Khavda Pooling Station-1]
As can be seen from the above table, as of December 31, 2023, AESL had ten power transmission projects under construction, together envisaging around 3290 ckm of new transmission lines and nearly 23,900 MVA of substation capacity. The total project outlay for this under-construction portfolio is around Rs.191 billion.
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Featured photograph (source: Adani Energy Solutions Ltd) is for representation only.
