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Adani Energy Solutions acquired Satara Power Transmission SPV for 765 kV corridor project
Satara, Maharashtra6 Oct 2026
Adani Energy Solutions acquired the project special purpose vehicle (SPV) Satara Power Transmission from PFC Consulting on October 6, 2026, after emerging as the successful bidder. The SPV is tasked with developing a 765 kV transmission corridor under the Network Expansion Scheme in the Western Region, linked to pumped storage potential near Satara and renewable power evacuation needs in Maharashtra.
Why it matters
The ownership transfer enables the planned 765 kV corridor intended to increase grid capacity for evacuating renewable power and supporting pumped storage projects across areas including Satara, Pune and the Mumbai Metropolitan Region.
Adani Energy SolutionsSatara Power TransmissionPFC ConsultingPower Finance Corporation