Sterlite Power has recently won the transmission project for the evacuation of power from renewable energy zones in Fatehgarh (9.1 GW), Bhadla (8 GW) and Ramgarh (2.9 GW) areas in Rajasthan. The project, won through a tariff-based competitive bidding, will involve construction of a 350 km, 765kV transmission corridor and is a critical part of the Ministry of Power’s roadmap released in 2022 for the integration of over 500 GW RE capacity to the national grid by 2030.
March 17, 2023
Sterlite Power secured a green energy transmission project in Rajasthan. The project awarded to Sterlite Power is for the evacuation of power from renewable energy zones in Fatehgarh (9.1 GW), Bhadla (8 GW) and Ramgarh (2.9 GW) areas in Rajasthan. After winning the project through tariff-based competitive bidding (TBCB) process, Sterlite Power received the Letter of Intent (LoI) from PFC Consulting Ltd to build the project on BOOT (build, own, operate, transfer) basis, for a period of 35 years. The project is a critical part of the roadmap released by the Ministry of Power in 2022 for the integration of over 500 GW RE Capacity to the national grid by 2030.
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The green transmission project will involve construction of a 350km, 765kV transmission corridor, running from Fatehgarh III to Beawar in Rajasthan. This is Sterlite Power’s second green energy project and the company’s first project in Rajasthan. The company’s first green energy project, that is the Lakadia-Vadodara power transmission project in Gujarat, is one of the largest transmission corridors built in India till date.
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“We are very happy to win another Green Energy Corridor transmission project which is vital to India’s energy transition playbook. This is our eighteenth transmission project in the country, and with our strong capabilities and experience, we are well poised to deliver another world class asset to the nation,” Pratik Agarwal, Managing Director, Sterlite Power said.