Adani Outlays INR 2000 Crores in Mumbai to Expand Transmission Lines Moving Towards Green Energy Transition
A senior company official stated this is a step towards making the city more green by 2027 by getting 60 percent of the electricity required from renewable sources.
August 21, 2023. By Nivedita Ojha
A senior company official stated, this is a step towards making the city more green by 2027 by getting 60 percent of the electricity required from renewable sources.
The Thane-Aarey Colony line and the 84 ckm Kharghar (in Navi Mumbai) Vikhroli line are the two new transmission lines. They are situated in the northeastern neighbourhood of the megalopolis. By 2025, the Vikhroli line will be finished. According to the company, they aimed to start working on the project in October,2023. Thane line will start after the first line and be operational in 2027.
The company procured INR 1,700 crore in loans from foreign lenders to pay for the projects being carried out by its parent company Adani Transmission, bringing about its financial closure.
The project also includes building a 400-kV substation, which will increase the transmission capacity by 1,500 MW, as the company expects the megapolis' peak demand to surpass 5,000 MW by FY25 from around 4,000 MW currently.
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