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Sterlite Power bags two inter-state projects worth over Rs 3,000 crore

Sterlite Power bags two inter-state projects worth over Rs 3,000 crore

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The company in its press release said that the Udupi-Kasargode project would decongest the Inter-State Transmission System corridor

New Delhi: Power transmission player Sterlite Power on Friday said it has bagged two inter-state transmission projects worth over Rs 3,000 crore for Udupi-Kasargode and Lakadia-Vadodara.

“These projects awarded through competitive bidding have secured much lower tariff than the cost-plus tariff estimate and thus play a crucial role in enabling access to affordable power envisioned by the Government,” said Pratik Agarwal, group CEO, Sterlite Power.

The company in its press release said that the Udupi-Kasargode project would decongest the Inter-State Transmission System corridor and will facilitate smoother power flow within the southern region states of Karnataka to Kerala.

The GEC project of Lakadia-Vadodara (WRSS 21 – Part B) located in Gujarat, on the other hand will help connect the wind energy zones of Bhuj region to the load centers of Gujarat and Maharashtra.

This project involves 765 kilovolt (KV) lines and GIS substations and will be completed within 18 months.

The Udupi project consisting of 400 KV transmission line (120 km) from Udupi in Karnataka to Kasaragode in Kerala along with a 400 KV GIS substation.

The second project (WRSS-21 Part B) involves laying of 325 km of 765 KV transmission line from 765/400 KV Lakadia substation to Vadodara in Gujarat.

Source: energy.economictimes.indiatimes
Anand Gupta Editor - EQ Int'l Media Network

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