On Monday, Sterlite Power announced that it had received the order for the Part F Transmission project for Rajasthan Phase-III (20GW). This is Sterlite Power’s second foray into transmission projects for green energy in Rajasthan.
Through a tariff-based competitive bidding (TBCB) process, the project was put out to bid.
“Sterlite Power received the Letter of Intent (LoI) from REC Power Development and Consultancy Ltd., a wholly owned subsidiary of Rural Electricity Corp., to build the project on BOOT (build, own, operate, transfer) basis, for a period of 35 years,” the company said in a statement.
The Phase III, Part F project, according to the business, consists of three crucial elements that are expected to reshape Rajasthan’s green energy landscape. First, a strong 350 km (765 kV) transmission route will connect Fatehgarh III’s renewable energy zone to the Beawar substation.
The second component of the project is the development of a modern 3000 MVA 765/400kV Substation in Beawar. Last but not least, it entails the construction of two 120 km long Longitudinally In-Line-Out (LILO) lines.
The project will also include the installation of a static synchronous compensators (STATCOM) system at the Fatehgarh III substation, a ground-breaking achievement that would make Sterlite Power the first commercial provider of transmission infrastructure in India.
“We are very happy to win our second green energy corridor project in Rajasthan. The development of these critical renewable infrastructure assets is indeed a significant step toward advancing India’s renewable energy goals. We are ready to deliver world-class assets and help the country march towards a greener future,” said Pratik Agarwal, Managing Director, Sterlite Power.
Fatehgarh III Beawar Transmission Ltd., part G of the project, was awarded to Sterlite Power in March 2023. It would involve building a 700 km transmission line together with section F, which will allow for the evacuation of a sizeable share of 20 GW of green electricity from renewable energy zones in Fatehgarh (9.1 GW), Bhadla (8 GW), and Ramgarh (2.9 GW). When it is finished, this corridor will rank among the biggest green energy corridors ever constructed in the nation.
With 32 projects that have been completed, sold, or are now under development, totaling around 15,350 circuit kilometers of transmission lines spanning Brazil and India, Sterlite Power is a top developer and solutions provider of power transmission infrastructure in the private sector.
Source: PTI
