Adani Energy Solutions Ltd announced long-term financing for its HVDC transmission project from leading Japanese banks MUFG and SMBC. The consortium-backed deal underscores international confidence in India’s energy infrastructure and positions Adani as a key player in advancing sustainable power transmission across the country.
Adani Energy Solutions Ltd has secured long-term financing for its high-voltage direct current (HVDC) transmission project from a consortium of Japanese banks. The financing is led by Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Banking Corporation (SMBC), marking a significant milestone in Adani’s energy infrastructure expansion.
Key Highlights:
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Financing Partners: MUFG and SMBC to be the leading financiers.
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Project Scope: HVDC transmission project aimed at strengthening India’s power grid efficiency and reliability.
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Strategic Importance: Supports India’s energy transition by enabling large-scale renewable integration.
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Global Confidence: Japanese banks’ participation reflects international trust in Adani’s infrastructure projects.
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Long-Term Impact: Financing ensures sustainable growth and operational resilience for Adani’s energy portfolio.
This development reinforces Adani Energy Solutions’ role in driving India’s energy transition, while highlighting the importance of global partnerships in financing large-scale infrastructure. The HVDC project is expected to enhance transmission efficiency and support renewable energy integration across the country.
Sources: Economic Times, Mint, Business Standard