• Source:JND
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Adani Group News: Adani Energy Solutions Limited (AESL) on Tuesday announced that it has bagged the Rs 25,000 crore Badla-Fatepur HVDC project, the largest transmission order ever won by an Adani group company. Meanwhile, despite the company securing a big order, the shares of Adani Energy Solution traded in red in intraday trade today. At around 3:26 pm, the stock was trading at Rs 813.0, down 0.34 per cent against the previous day's closing price. 

AESL order book reaches 54,761 crore

With the latest win, its order book has now reached Rs 54,761 crore, AESL said in an exchange filing. The project will export 6 GW of renewable energy from Rajasthan to demand centres in the north. The company said that this is its biggest order win so far, taking AESL’s unexecuted order book to Rs 54,761 crore, with the transmission network reaching 25,778 ckm and 84,186 MVA of conversion capacity.

AESL won the project under the Fee-Based Competitive Bidding (TBCB) method and REC Power Development & Consultancy Limited (RECPDCL) was the bidding process coordinator. The project SPV was formally transferred to AESL on January 20, 2025. The project includes a 6,000-megawatt HVDC system (2,400 ckm) between Badla and Fatehpur and a transmission capacity of 7,500 MVA.

The project will help distribute 6 GW of renewable energy from various REZs in Rajasthan beyond Badla-III to demand centres in North India and the national grid.

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Badla-fatehpur Projects

AESL is the only private sector company with HVDC assets, which prioritizes long-distance power transmission. The Badla-Fatepur project is AESL's third HVDC project after the award-winning Mundra-Mahendragarh project and the unimplemented Aarey-Kudas project (implemented by its subsidiary AEML).

AESL, a part of the Adani Group, is a diversified company with a presence in various aspects of the energy domain such as power transmission, distribution, smart metering and cooling solutions. It is the largest private exchange company in the country.

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(With Inputs From PTI)