Adani Energy Secures Long-Term Green Loan from MUFG and SMBC for HVDC Project
POWER GRIDS & TRANSMISSION
Adani Energy Solutions has obtained long-term financing from a consortium of Japanese banks, led by MUFG and SMBC, for its 950-km HVDC transmission project connecting Rajasthan and Uttar Pradesh. The project, which will utilize Hitachi Energy's technology in collaboration with BHEL, aims to evacuate 6,000 MW of renewable energy and is scheduled for commissioning by 2029.

Feb 9, 2026, 9:53 AM