Adani Energy Solutions (AESL) has secured long-term financing for its major HVDC transmission project, which will play a pivotal role in transporting renewable energy from Rajasthan’s solar-rich areas to India’s national grid.
The project, designed to have an evacuation capacity of 6,000 MW, will stretch over 950 km, connecting Bhadla in Rajasthan to Fatehpur in Uttar Pradesh. With a high-capacity ±800kV HVDC network, it is scheduled for commissioning by 2029. This infrastructure will be crucial for integrating large-scale renewable energy while enhancing grid stability in some of India’s most energy-intensive regions. The financing, led by Japanese banks MUFG Bank and Sumitomo Mitsui Banking Corporation (SMBC), highlights the growing international confidence in India’s renewable energy growth.
The project also benefits from advanced HVDC technology by Hitachi, in partnership with Bharat Heavy Electricals, utilising India’s domestic manufacturing capabilities. The development further strengthens the country’s efforts toward sustainable energy transition.