The financing has been raised under AESL’s sustainable debt framework, enabling participating lenders to classify the facility as a Green Loan. Latham & Watkins and Saraf & Partners acted as borrower’s counsel, while Linklaters and Cyril Amarchand Mangaldas advised the lenders on the transaction.
Adani Energy Solutions Limited share price: Shares of Adani Energy Solutions were trading at Rs 1025.00 per scrip after a Rs 7.85 (+0.77%) rise as on 10:16 on Monday on BSE.
Also read: Adani Group plans up to 1.5 billion yen fundraising from Japan after rating upgrade
Configured as a high-capacity ±800 kV high-voltage direct current (HVDC) network with an evacuation capacity of 6,000 MW, the 950- kilometre power corridor will connect Bhadla in Rajasthan to Fatehpur in Uttar Pradesh.
The project, said to be evacuating renewable energy, will deploy Hitachi Energy’s advanced HVDC technology in collaboration with Bharat Heavy Electricals Limited (BHEL).
Together, these partnerships reflect Japan’s leadership in critical transmission technologies and India’s push to deepen local manufacturing under its Make-in-India push, the Adani Group unit said.
Scheduled to be commissioned by 2029, the link is expected to become a critical green transmission channel, enabling large-scale renewable integration while strengthening grid stability for some of India’s most energy-intensive urban and industrial centers.
“The continued support from our Japanese partners—including leading banks and Hitachi—reflects the depth of the India–Japan partnership and our shared commitment to enabling a sustainable energy future,” Kandarp Patel, CEO said.
