New Delhi, Aug. 26 -- Adani Group's transmission and distribution company Adani Energy Solutions Ltd. (AESL) has bagged a Rs 4,700 crore transmission project in Maharashtra for evacuation of 4,500 MW of renewable and storage power, as per a company statement.

AESL noted in its release, it won the project "Network Expansion Scheme in Western Region to Cater to Pumped Storage Potential near Satara (up to 4500 MW) - Part A" through the Tariff Based Competitive Bidding (TBCB) process, emerging as the lowest bidder.

"Housed under Special Purpose Vehicle (SPV) Satara Power Transmission Ltd., the project will be delivered to the nation within 36 months," the company added, stating the project will add 562 circuit kilometres (ckm) of transmissi...