Adani Energy Solutions Limited (AESL) announced on Monday that it has successfully achieved financial closure for its USD 1 billion green high voltage direct current (HVDC) link project, aimed at boosting the supply of renewable energy to Mumbai.

The 80-kilometer project is a multi-faceted endeavor that will bring technological advancement to the city of Mumbai. Construction is slated to commence in October 2023, according to a statement released by AESL (formerly known as Adani Transmission Ltd).