Adani Energy gets Japanese funding for green corridor

Mumbai: Adani Energy Solutions Ltd. (AESL), India's largest private energy services company, has secured long-term financing from a consortium of Japanese banks for its high-voltage direct current (HVDC) transmission project, a green evacuation corridor designed to strengthen the flow of renewable power across northern India.

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

Configured as a high-capacity ±800 kV HVDC network with an evacuation capacity of 6,000 MW, the 950 km 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.


The asset is part of the Adani Group's integrated clean energy platform.

Latham & Watkins and Saraf & Partners acted as the borrower's counsel, while Linklaters and Cyril Amarchand Mangaldas advised the lenders on the transaction.