Sterlite Power Bags 8 GW Green Energy Transmission Project in Rajasthan
The company now has eight projects under its green energy portfolio
November 30, 2023
Power transmission company Sterlite Power has won the order for Phase-IV (Part-1-Bikaner Complex): Part-B Transmission project to evacuate 8 GW of renewable energy in Rajasthan.
The company will develop a 6,000 MVA, 765/400kV substation at Neemrana and two 400 kV transmission lines spanning 250 km as part of the project.
This is Sterlite’s third Green Energy Corridor project in the state. The company will build this project on a build, own, operate, and transfer basis for a period of 35 years. The transmission project will aid the evacuation of 8 GW of renewable energy to Rajasthan, Haryana, and Uttar Pradesh.
The transmission lines will connect Neemrana with the existing Kotputli substation, and the Loop-In Loop-Out corridor will connect the existing Gurgaon-Sohna line with the Gurgaon and Sohna substations.
“We are happy to win this critical project that will allow around 8,000 MW of renewable energy to flow from RE-rich Bikaner to load centers in Rajasthan, Haryana, and Uttar Pradesh. We stay committed to building robust transmission infrastructure projects in the country to solve the toughest challenges of green energy delivery,” said Pratik Agarwal, Managing Director of Sterlite Power.
PFC Consulting issued the tender for the project earlier this year.
Sterlite Power will be required to acquire 100% equity shares of a special purpose vehicle, responsible for owning, financing, developing, designing, engineering, procuring, constructing, commissioning, operating, and maintaining the project, and providing transmission service.
Sterlite now has eight projects under its green energy portfolio. In March 2023, it won the Rajasthan – Fatehgarh III Beawar Transmission Ltd (Phase III, Part G project). This was followed by Beawar Transmission (Phase III, Part-F) win in August 2023. Together with Project B Bikaner complex, these projects will entail the construction of a ~950 km long transmission corridor across Rajasthan.
In April 2023, the company was awarded the contract to evacuate 20 GW of renewable energy in Rajasthan.
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