Adani Energy Solutions Acquires 7 GW Khavda Transmission Project
Adani Energy Solutions Ltd. acquires the Khavda Phase-IV Part-A transmission project to bolster India’s national grid with world-class infrastructure.
Adani Energy Solutions Ltd. announced on Monday that it had secured the Khavda Phase-IV Part-A transmission project after receiving the letter of intent from REC Power Development and Consultancy Ltd.
According to a company statement, REC Power set up Khavda IVA Power Transmission Ltd to evacuate 7 gigawatts of renewable energy from Khavda RE park, under Phase IV Part A package.
The Khavda IVA transmission line is part of the national grid. It will help evacuate renewable energy by connecting 765-kilovolt double circuit lines from Khavda to Lakadia and Bhuj and setting up a transformation capacity of 4,500 megavolt-ampere.
“As the world’s largest renewable energy park, Khavda demands power evacuation infrastructure that is not only world-class but also resilient and future-ready,” said AESL CEO Kandarp Patel in the statement.
Patel added that this investment will establish the critical transmission network required to evacuate the planned 30 GW of green power that Khavda will generate and provide the much-needed grid stability.
Project Footprint
Khavda is the world’s largest renewable energy park, with a planned generation capacity of 30 GW.
AESL won the project through the tariff-based competitive bidding process and will commission it in the next 24 months on the build, own, operate, and transfer basis and maintain it for the next 35 years.
The company will invest about ₹4,091 crore to build the estimated 298 km transmission project, including 200 MVAr STATCOM.
MVAr STATCOM stands for the megavolt-ampere reactive static synchronous compensator. It is a device that provides dynamic reactive power compensation and improves voltage stability.
The project also includes setting up a 765/400 kV inter-connecting transformer with 1×330 MVAr, 765 kV, and 1×125 MVAr, 420 kV bus reactors.
AESL is the country’s largest private transmission company with a cumulative transmission network of 21,783 km and 61,686 MVA transformation capacity as of Aug. 30.
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