Adani to invest ₹2,000 crore to build 2 transmission lines in Mumbai for green energy
₹1,700 crore debt from international lenders for the projects being executed by its parent Adani Transmission. "We will be investing more than ₹2,000 crore for this, of which ₹1,700 crore will be debt-funded," the official said, adding the project also includes setting up a 400-kV substation which will raise the transmission capacity by 1,500 mw, as the company expects the peak demand for the megapolis to cross 5,000 mw mark by FY25 from around 4,000 mw now.
The official stated that the company has made rapid strides in improving the supply of green energy to the city where it serves more than 34 lakh customers or 6% of the total consumers of the city, by increasing the supply of solar and wind power by 10 times in the past three years to 30% now from only 3% when three years ago. Asked if the Adani group company which entered the city's distribution business three years ago by buying out the licence from the now crippled Anil Ambani group firm Reliance Energy for ₹18,000 crore, is on course to meet the recent public statement on increasing green energy mix to 60 % by 2027, the official answered in the affirmative saying “very much or even earlier given what we have done so far." "We'll be following a hybrid model of solar and wind and given our current success the company is quite confident of making it or even bettering it," he said.
The transmission lines project involves developing the city's first-ever 400 kV substation facility. The Kharghar-Vikhroli project comprises 34 km of 400 kV and 220 kV transmission lines, including a 400kV substation at Vikhroli.
He said this project is critical to the city as the existing capacity of the transmission corridor is not sufficient to carry further power into the city. This
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