Adani Energy Solutions Secures Funding From Japanese Bank Consortium for HVDC Transmission Project.

Adani Energy Solutions Ltd. (AESL) has secured long-term financing from a consortium of Japanese banks for its flagship high-voltage direct current (HVDC) transmission project aimed at evacuating renewable energy from Rajasthan’s solar-rich regions to the national grid.

The financing is being led by MUFG Bank Ltd. and Sumitomo Mitsui Banking Corporation (SMBC), the company said in a statement on Monday. The project will deploy advanced HVDC technology supplied by Hitachi in partnership with Bharat Heavy Electricals Limited (BHEL).

Configured as a high-capacity ±800 kV HVDC system with an evacuation capacity of 6,000 MW, the 950-km transmission corridor will connect Bhadla in Rajasthan with Fatehpur in Uttar Pradesh.

Scheduled for commissioning by 2029, the HVDC link is expected to serve as a key green transmission corridor, facilitating large-scale integration of renewable energy while enhancing grid stability for major urban and industrial centres across northern India.