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India's Adani Green reins in renewable additions due to transmission limits

By Sethuraman N R

NEW DELHI, April 24 (Reuters) - India's Adani Green ADNA.NS is holding back renewable capacity additions due to transmission bottlenecks, despite having the financial and execution capability to build more, a senior executive said on Friday.

Here are some details:

Adani Green could add 7–8 gigawatts of renewable capacity a year, but is deliberately restricting annual additions to around 4.5–5 GW because of power evacuation constraints, executive director Sagar Adani said.

Adani does not want to repeat the experience of building capacity without adequate transmission availability, which had led to generated power going to waste, Adani said in a post-earnings conference call with analysts.

The company lost about 5 billion Indian rupees ($53.05 million) last year as it could not send power generated to the grid due to transmission constraints, Adani said.

About 4.8 GW of clean energy projects are unable to transmit power to the grid in India's top solar state of Rajasthan, as per Wind Independent Power Producers Association.

Some of the clean energy projects should delay commissioning in Rajasthan to avoid losses as they don't have transmission infrastructure, the association said at an industry event this week in New Delhi.

($1 = 94.2475 Indian rupees)

 (Reporting by Sethuraman NR)

 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))

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