Middle East tensions drive up costs for Adani’s HVDC transmission project
The Maharashtra Transmission Committee (MTC) has recommended a revised cost of Rs 14,143 crore for Adani Electricity Mumbai Limited – Transmission’s (AEML-T) 1,000 MW Aarey-Kudus High Voltage Direct Current-Voltage Source Converter (HVDC-VSC) Pole-2 scheme, following cost escalation attributed to supply chain disruptions and global demand-supply conditions for VSC-based HVDC systems. AEML-T attributed the revision to…