Adani Energy Solutions bags ₹1,600-crore transmission project, order book swells to ₹61,600 crore

Adani Energy Solutions Ltd (AESL) on Friday said it has secured an inter state transmission project in Maharashtra worth ₹ 1,600 crore. With this, its transmission order book now stands at ₹ 61,600 crore, the company said in a statement.
The scope of the latest secured project includes establishment of 3,000 Mega Volt-Amperes (MVA) of substations capacity, besides other related transmission infrastructure, taking AESL's overall transmission network to 26,696 ckm and 93,236 MVA of transformation capacity. AESL is scheduled to commission the project by January 2028.
The company said it has won this Inter State Transmission System (ISTS) project under the Tariff Based Competitive Bidding (TBCB) mechanism, while REC Power Development and Consultancy Ltd (RECPDCL) was the bid process coordinator.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Time of India

20 hours ago

• Time of India

ACME Solar inks pact to supply 250 MW electricity from RE project in Rajasthan

New Delhi: ACME Solar Holdings on Friday said it has inked a pact with state-owned NHPC to supply 250 MW of electricity from a renewable energy project in Rajasthan. The power purchase agreement (PPA) has been signed at a tariff of Rs 4.56 per kWh for a minimum annual Capacity Utilization Factor (CUF) of 40 per cent and to meet 90 per cent of peak power requirement of 4 hours daily, according to a company statement. ACME Solar Holdings Ltd (ACME Solar) signed a 25-year PPA with NHPC Limited, a AAA-rated central government enterprise, for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project in Rajasthan, the company said. This PPA marks a significant step in strengthening ACME Solar's footprint in the FDRE space while supporting India's clean energy ambitions through an innovative mix of solar, wind, and battery storage technology. The project will be connected to an ISTS (Inter-State Transmission System) substation for which connectivity is already in place. The requisite approval under section 63 of the Electricity Act 2003 for adoption of tariff has been issued by CERC (Central Electricity Regulatory Commission) on June 19, 2025, the company said. With this, the company's PPA-signed portfolio stands at 5,130 MW, of which 2,826.2 MW is already operational, and the balance is under various stages of implementation. ACME Solar's overall portfolio comprises 86 per cent offtake with central government enterprises and the remaining 14 per cent with State discoms. The company is an integrated renewable energy player with a diversified portfolio of 6,970 MW spanning solar, wind, FDRE and hybrid solutions. PTI

Hans India

a day ago

• Hans India

Aakash Educational Services Limited Expands Presence in Chandanagar with New Centre Launch

Chandanagar, (Hyderabad), June 20, 2025: Aakash Educational Services Limited (AESL), the national leader in test preparatory services for NEET & JEE, proudly announces the launch of its new centre in Chandanagar. The inauguration ceremony was graced by the ceremony commenced with a ribbon-cutting by Chief Guest Arekapudi Gandhi, MLA from Serilingampally, TG, alongside esteemed guests including Mr. AMEETH KUMAR URITI (State Head), Mr. Nishanth Srivastava, Operation Lead, AP & TG of Aakash Educational Services Ltd. The new classroom center is designed to cater to students preparing for Medical and Engineering entrance examinations. In addition to NEET and JEE coaching, the center will also offer foundation-level courses aimed at preparing students for competitive examinations such as Olympiads, while strengthening their academic fundamentals. Speaking about the launch Dheeraj Kumar Misra, Chief Academic and Business Head at AESL said, "We are pleased to announce the opening of our new centre in Chandanagar, which represents an important step in our mission to bring quality coaching closer to students. Our focus remains on empowering students with strong academic foundations, conceptual clarity, and confidence to excel in competitive exams like NEET and JEE. This centre will offer access to experienced faculty, comprehensive study materials, and a learning environment designed to maximize student potential. We believe that every student, regardless of their location, deserves the best education and resources, and this expansion reflects our commitment to that goal." With this expansion, AESL aims to provide quality education and expert guidance to more students in the region. This strategic move addresses the growing demand for top-tier preparatory services, ensuring that more aspiring students can access the high-quality coaching that Aakash Institute is renowned for. AESL is recognized for offering thorough and effective preparation programs for students aiming to excel in high-stakes medical (NEET) and engineering entrance exams (JEE), as well as competitive exams like NTSE and Olympiads. The institute is dedicated to delivering top-quality test preparation services that empower students to realize their full potential and succeed in their academic pursuits. J, R, H, D, A, K warmly welcomed attendees, emphasizing the institute's mission to provide top-tier academic support for students preparing for IIT-JEE, NEET, and other competitive exams.

Time of India

a day ago

• Time of India

ACME Solar inks pact to supply 250 MW electricity from RE project in Rajasthan

New Delhi: ACME Solar Holdings on Friday said it has inked a pact with state-owned NHPC to supply 250 MW of electricity from a renewable energy project in Rajasthan. The power purchase agreement (PPA) has been signed at a tariff of Rs 4.56 per kWh for a minimum annual Capacity Utilization Factor (CUF) of 40 per cent and to meet 90 per cent of peak power requirement of 4 hours daily, according to a company statement. ACME Solar Holdings Ltd (ACME Solar) signed a 25-year PPA with NHPC Limited, a AAA-rated central government enterprise, for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project in Rajasthan, the company said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How Older People Are Losing Weight (This Has Gone Viral) NEWSCASA Undo This PPA marks a significant step in strengthening ACME Solar's footprint in the FDRE space while supporting India's clean energy ambitions through an innovative mix of solar, wind, and battery storage technology. The project will be connected to an ISTS (Inter-State Transmission System) substation for which connectivity is already in place. Live Events The requisite approval under section 63 of the Electricity Act 2003 for adoption of tariff has been issued by CERC ( Central Electricity Regulatory Commission ) on June 19, 2025, the company said. With this, the company's PPA-signed portfolio stands at 5,130 MW, of which 2,826.2 MW is already operational, and the balance is under various stages of implementation. ACME Solar's overall portfolio comprises 86 per cent offtake with central government enterprises and the remaining 14 per cent with State discoms. The company is an integrated renewable energy player with a diversified portfolio of 6,970 MW spanning solar, wind, FDRE and hybrid solutions.