
As per The Economic Times report, Adani Energy Solutions has announced financing from a Japanese bank consortium led by MUFG Bank and Sumitomo Mitsui Banking Corporation for its high voltage direct current transmission project linking Rajasthan and Uttar Pradesh.
The loan, classified as a green loan under the company’s sustainable debt framework, will support the construction of a 950 km HVDC corridor with an evacuation capacity of 6,000 MW.
The line will connect Bhadla in Rajasthan to Fatehpur in Uttar Pradesh and is scheduled for commissioning in 2029. Hitachi Energy will supply the HVDC technology while Bharat Heavy Electricals Limited will provide local manufacturing support.
The financing consortium is headed by MUFG Bank and SMBC, with additional Japanese lenders participating. Latham & Watkins and Saraf & Partners acted as counsel for the borrower, while Linklaters and Cyril Amarchand Mangaldas advised the lenders.
The partnership highlights Japan’s role in critical transmission technology and aligns with India’s Make in India initiative. The HVDC link is intended to facilitate large scale renewable energy integration and improve grid stability for energy intensive regions.
Read More: Adani Enterprises Share Price in Focus as Subsidiary Adani Defence Form Strategic Partnership with Leonardo!
As of February 09, 2026, at 10:50 AM, Adani Energy Solutions share price on NSE was trading at ₹1,028.25 up by 1.04% from the previous closing price.
Adani Energy Solutions has secured green financing from a Japanese bank consortium to fund a 950 km, 6,000 MW HVDC transmission line slated for 2029 commissioning, with technology from Hitachi Energy and manufacturing support from BHEL.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 9, 2026, 12:06 PM IST

Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
