Adani Energy wins ₹25,000 cr Bhadla-Fatehpur HVDC mega project

Adani Group-led transmission and distribution major Adani Energy Solutions Ltd (AESL) has won the ₹ 25,000 crore Bhadla (Rajasthan)- Fatehpur (Uttar Pradesh) HVDC (high voltage direct current) order, its largest order win to date. The current project has taken the company's under-execution order book to ₹54,761 crore and the transmission network to 25,778 ckm and 84,186 MVA transformation capacity.

Adani Energy says it won the project under the tariff-based competitive bidding (TBCB) mechanism and REC Power Development & Consultancy Ltd (RECPDCL) was the bid process coordinator. The project SPV was formally transferred to AESL on January 20, 2025.

Called “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part I”, the project includes the establishment of a 6,000 MW HVDC (high voltage direct current) system between Bhadla to Fatehpur (2,400 ckm), along with 7,500 MVA transmission capacity. The project will help evacuate 6 GW of renewable energy from various REZs in Rajasthan beyond Bhadla-III to demand centres of North India and to the national grid. AESL will deliver the project in 4.5 years.

“By enabling efficient evacuation of renewable energy from some of the most inhospitable regions of the country and connecting them to the national grid, AESL is playing its role in India’s decarbonisation journey. We will be deploying the latest technology and practices to deliver the project in time and with minimal environmental impact,” says Kandarp Patel, CEO, Adani Energy.

Adani Energy claims to be the only player in the private sector to own an HVDC asset, which is preferred for long-distance power transmission. The Bhadla-Fatehpur project is AESL’s third HVDC project after the delivered Mundra – Mahendragarh Project and the under-implementation Aarey-Kudus Project (being done by subsidiary AEML).

Adani Energy Solutions' share closed 0.28% down at ₹813.35 on the BSE, taking the company's ₹97,706.32 crore.