Adani Energy Solutions secures $1 billion financing for green HVDC link project in Mumbai
NEW DELHI: Adani Energy Solutions Limited (AESL) on Monday said it has achieved financial closure for its $1 billion green high voltage direct current (HVDC) link project, that will increase renewable energy supply to Mumbai.
The 80-km multi-faceted project will offer a technological upgradation to the Mumbai city. The construction work for this link will begin in October 2023, AESL (erstwhile Adani Transmission Ltd) said in a statement.
“AESL has announced successful financial closure for its $1 billion Green HVDC link project, which will enable further ‘greening’ of the Mumbai Grid by supplying more renewable power to the city while supporting its rising electricity demand,” it said.
