Adani Group is considering to bid for development of power transmission lines projects.
Power Grid Corporation of India Ltd (PGCIL) which is a Government company or called as Central Transmission Utility (CTU) does the job of development of inter – state transmission line projects.
However, under Electricity 2003, private players are also allowed in power transmission projects and so far investment by private participation has crossed around Rs. 2 Lakh Crores.
Adani Group has also invested in the transmission business earlier however that was to support its own power generation business.
Now, Adani has forayed into power transmission by setting up a double circuit transmission system connecting its Mundra power plant to Dehgam. Last week, it commissioned another transmission line connecting the Mundra unit to Mohindergarh (980 km long) in Haryana. It is also setting up two transmission projects for evacuation of power from its power plant at Tiroda in Maharashtra.
Adani group is also seeking a commercial licence for its Mundra-Mohindergarh project since it would be transporting only 1,500 MW of electricity through the system from the Mundra power plant, while the system has a capacity to transport up to 2,500 MW.
Besides inter-state transmission projects, Adani also sees opportunity in intra-state transmission projects that may be offered to the private sector under the BOT model, but does not want to explore opportunities abroad like their peers that are eyeing projects in Africa.
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