Adani to invest ₹2,000 crore for building 2 green energy transmission lines in Mumbai | Business Upturn

Adani to invest ₹2,000 crore for building 2 green energy transmission lines in Mumbai

A senior from Adani Electricity Mumbai said the company is investing over ₹2,000 crore to build two new transmissions lines in the city to strengthen its network.

According to a senior employee of Adani Electricity in Mumbai, the company is spending more than Rs2,000 crore to construct two new transmission lines in the city to improve its network. This is a part of their drive to fortify its network as they get closer to becoming more environmentally friendly by getting up to 60% of the city’s energy requirements from renewable sources by 2027.

The Thane-Aarey Colony line and the 84 ckm Kharghar (in Navi Mumbai) Vikhroli line are the two new transmission lines. They are located in the northeastern neighbourhood of the megalopolis.


By 2025, the Vikhroli line will be completed. We plan to start working on the project in October, the official told PTI. After the first line, the Thane line will start, and it will be put into service in 2027.

By obtaining $1,700 crore in debt from foreign lenders for the projects being carried out by its parent firm Adani Transmission, the company last week achieved financial closure.

The project also includes building a 400-kV substation that will increase the transmission capacity by 1,500 mw, as the company anticipates the megapolis’ peak demand to surpass 5,000 mw by FY25 from currently around 4,000 mw. “We will be investing more than 2,000 crore for this, of which 1,700 crore will be debt-funded,” the official said.

The official said that the company, which serves more than 34 lakh users, or 6% of the city’s total consumers, has made rapid progress in enhancing the supply of green energy to the metropolis.