Daily News Wrap-Up: Adani Wins 7 GW Renewable Energy Transmission Project
O2 Power, Sprng, ACME, Juniper, Avaada win NTPC’s 1.5 GW wind-solar auction
December 29, 2023
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Adani Energy Solutions, a power transmission and distribution company, has secured a letter of intent to acquire Halvad Transmission from PFC Consulting. Halvad Transmission was established to evacuate 7 GW of renewable energy from the Khavda RE park in Gujarat. AESL will invest approximately ₹30 billion (~$360.6 million) in the transmission project. The company will undertake the responsibility of building, owning, operating, and maintaining the over 301 km (656 ckm) transmission project for 35 years.