Debt financing

Adani Energy Solutions secures financing from Japanese banks for HDVC project

Business Line  

Ahmedabad-based, publicly listed power transmission and distribution player Adani Energy Solutions Ltd (AESL) has secured long-term financing structured under its sustainable debt framework from a consortium of Japanese banks for its high-voltage direct current (HVDC) transmission project. The financing was led by MUFG Bank Ltd. and Sumitomo Mitsui Banking Corporation (SMBC).The HVDC transmission project, connecting Bhadla in Rajasthan to Fatehpur in Uttar Pradesh, is designed to evacuate renewable energy from Rajasthan’s solar-rich regions and deliver it to India’s national grid and is configured as a high-capacity 800 kV HVDC network with an evacuation capacity of 6,000 MW.Founded in 2013, AESL offers power transmission, distribution, smart metering, and cooling solutions with a presence across 16 states.

For FY25, Adani Energy had reported about INR 23,767 Cr in Operating Income and about INR 922 Cr in PAT.

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