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Adani Secures Japanese Funds for 6,000 MW Green Energy Transmission Corridor

Adani Energy Solutions has secured long-term financing from a consortium of Japanese banks for a major high-voltage direct current transmission project. The 950-kilometer corridor will connect Bhadla in Rajasthan to Fatehpur in Uttar Pradesh, creating a 6,000 MW green energy evacuation pathway. Scheduled for commissioning by 2029, it is designed to integrate large-scale renewable power into the national grid and strengthen stability for energy-intensive regions. The project leverages technology from Hitachi and BHEL, underscoring a strengthening India-Japan industrial and financial partnership.

Key Points: Adani's 6,000 MW Green Energy Corridor Gets Japanese Funding

  • 6,000 MW green evacuation corridor
  • 950-km link from Rajasthan to Uttar Pradesh
  • Japanese consortium financing led by MUFG and SMBC
  • Scheduled for 2029 commissioning
  • To power 60 million households
2 min read

Adani Energy Solutions secures Japanese funding for 6,000 MW green energy corridor

Adani Energy Solutions secures Japanese financing for a 950-km HVDC transmission project to evacuate renewable power from Rajasthan by 2029.

"This project marks a defining step in building India's green transmission backbone. - Kandarp Patel, CEO, AESL"

Ahmedabad, Feb 9

Adani Energy Solutions Ltd on Monday said it has secured long-term financing from a consortium of Japanese banks for its flagship high-voltage direct current transmission project.

This project will ensure a 6,000 MW green evacuation corridor designed to strengthen the flow of renewable power across northern India -- enough to power 60 million households.

The 950-kilometre corridor will connect Bhadla in Rajasthan to Fatehpur in Uttar Pradesh. Scheduled for commissioning by 2029, the link is expected to become a critical green transmission artery -- enabling large-scale renewable integration while strengthening grid stability for some of India's most energy-intensive urban and industrial centres.

It will play a central role in evacuating renewable energy from Rajasthan's solar-rich regions and delivering it to India's national grid, supporting the country's expanding clean power demand, said the Adani Group company.

"This project marks a defining step in building India's green transmission backbone. The continued support from our Japanese partners -- including leading banks and Hitachi -- reflects the depth of the India-Japan partnership and our shared commitment to enabling a sustainable energy future," said Kandarp Patel, CEO, AESL.

AESL remains focused on developing resilient, future-ready transmission infrastructure to accelerate India's energy transition, he added.

The asset is part of the Adani Group's integrated clean energy platform. Rajasthan remains a key generation hub for Adani Green Energy Limited (AGEL), whose projects already supply clean power to AESL's subsidiary, Adani Electricity Mumbai Limited (AEML).

AEML currently integrates more than 40 per cent renewable energy into its supply mix, positioning Mumbai among the world's largest cities with substantial sustainable power penetration.

The financing -- led by Japanese banking partners MUFG Bank Ltd. and Sumitomo Mitsui Banking Corporation (SMBC) -- underscores sustained international confidence in India's renewable infrastructure build-out.

The project is further supported by advanced HVDC technology from Hitachi, delivered in collaboration with Bharat Heavy Electricals Limited (BHEL), leveraging India's domestic manufacturing ecosystem.

The strengthening India-Japan financial and industrial corridor is also reflected in AESL's recent BBB+ (Stable) credit rating from the Japanese agency JCR, aligned with India's sovereign rating.

- IANS

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Reader Comments

P
Priya S
Great to see international partnerships like India-Japan working on sustainable projects. However, I hope the benefits of this cheaper renewable power actually reach the common people and don't just lead to higher profits for corporations. The 2029 deadline seems far, hope it's completed on time!
R
Rohit P
Connecting Bhadla to Fatehpur is a smart move. Rajasthan has so much untapped solar potential. This will help industries in the North get cleaner, more reliable power. Good that BHEL is also involved with Hitachi for the tech.
S
Sarah B
As someone living in Mumbai, it's encouraging to see AEML already using over 40% renewable energy. This new corridor should help increase that percentage even more. Cleaner air for our megacities is a win for everyone's health.
K
Karthik V
The scale is impressive - 60 million households! But my main concern is the land acquisition and impact on local communities in Rajasthan along that 950 km route. I hope the project is executed with transparency and fair compensation for farmers.
M
Michael C
The financial backing from MUFG and SMBC, along with a BBB+ rating from a Japanese agency, sends a strong signal to global investors. India's renewable energy sector is becoming a very attractive destination for long-term infrastructure funding.

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