Apraava Energy (AEPL) has bagged a transmission project to evacuate 5.5 GW of power from renewable energy zones in Rajasthan.

The company emerged as the Transmission Service Provider through the tariff-based competitive bidding process conducted by bid process coordinator REC Power Development and Consultancy (RECPDCL), a wholly owned subsidiary of REC Limited.

The project involves the construction of 765/400 kV, 4×1500 MVA and 400/220 kV, 5×500 MVA Pooling Station at Fategarh IV-A, an 184.56 km 400 kV line, and associated works.

The development of the transmission project is on a Build, Own, Operate & Transfer basis. The project is set to facilitate the evacuation of power from the Rajasthan Renewable Energy Zone IV-A, covering the Jaisalmer and Barmer Complex.

Apraava was handed over the project-specific special-purpose vehicle by RECPDCL.

The tender was floated in January this year.

The projects are targeted for implementation in two years, adding to the region’s power transmission network.

The entire shareholding of Rajasthan IV-A Power Transmission, comprising 50,000 equity shares held by RECPDCL, was recently transferred at par value along with all its assets and liabilities.

The design, construction, and testing of all equipment, facilities, components, and systems related to the project must comply with the Transmission Service Agreement and any relevant rules, regulations, orders, and guidelines issued by the central government.

In May, Apraava was among the winners of NTPC’s auction to set up 1,500 MW of interstate transmission system (ISTS)-connected solar power projects (Tranche III) across India. Apraava quoted the lowest tariff of ₹2.68 (~$0.0322)/kWh to win 50 MW.

Earlier, Apraava won 300 MW capacity at a tariff of ₹2.65 (~$0.0318)/ kWh in NTPC’s auction to set up 1,500 MW of ISTS-connected solar power projects (Tranche-I).

RECPDCL recently invited bids to select a service provider to establish an inter-state transmission system to evacuate 3.5 GW of renewable energy from Rajasthan’s renewable energy zones REZ IV. The last date to submit the bids is October 4, 2024.