Adani Transmission Ltd (ATL) has put into operation 352 ckm of transmission lines in the second quarter (Q2: July to September) of FY23, the company said in a release.
This addition was the result of full commissioning of the Lakadia-Banaskantha transmission line, an interstate transmission project, won under the TBCB mode.
With this, the total transmission network of ATL stood at 18,795 ckm, as of September 30, 2022, as against 18,336 ckm as of the same date in 2021.
An estimated 3,500 ckm of transmission lines are currently under various stages of implementation through interstate and intrastate schemes, most of them won under the TBCB mode.
Transformation (substation) capacity increased by 20.7 per cent during Q2 of FY23, taking the cumulative to 40,001 MVA, as of September 30, 2022.
ATL could maintain average system availability of 99.76 per cent in Q2 of FY23, an improvement over 99.35 per cent seen in the same period of FY22.
Also read: Adani Transmission Wins AMI Mandate From BEST Undertaking In Mumbai
Power distribution
In the power distribution business, which is housed under Adani Electricity Mumbai Ltd (AEML), ATL saw a 13 per cent growth in electricity sales. The total volume of electricity sold rose to 2,233 million kwh in Q2 of FY23 from 1,975 million kwh in the same quarter of FY22.
Distribution losses dropped sharply to 6 per cent in Q2 of FY23 from 7.64 per cent in Q2 of FY22. By the same comparison, the share of digital payments in total collection rose to 74.86 per cent from 68.48 per cent.
Overall revenues from the distribution business improved due to the shifting of consumer base from residential to the higher-demand commercial segment. In Q2 of FY23, the commercial segment accounted for 43 per cent of the total electricity revenue, as against 39 per cent in Q2 of FY22.
