Sterlite Power has announced the acquisition of Khavda IV C Power Transmission Limited, a Special Purpose Vehicle (SPV) from REC Power Development and Consultancy Limited which is a wholly-owned subsidiary of REC Limited. This project is a significant milestone in advancing India’s renewable energy infrastructure and aligns with the government’s vision of installing 500 GW of renewable energy capacity by 2030.

Sep 15, 2024

Sterlite Power, a power transmission developer and global products and services provider, has secured Khavda Phase-IV (7GW) Part C project to develop the transmission system for evacuating power from the potential renewable energy zone in Khavda region.

The 30 GW capacity hybrid (solar and wind) renewable energy park at Khavda, located along the Indo-Pak border, was inaugurated by Prime Minister Narendra Modi in December 2020. The Phase-IV transmission scheme aims to evacuate an additional 7 GW of renewable energy from this park with a scheduled COD of 24 months from SPV acquisition.

Watch: RR Kabel | Solar Cables | Solar Plant | Renewable Energy

Sterlite Power announced the acquisition of Khavda IV C Power Transmission Limited, a Special Purpose Vehicle (SPV) from REC Power Development and Consultancy Limited, a wholly-owned subsidiary of REC Limited. This project is a significant milestone in advancing India’s renewable energy infrastructure and aligns with the government’s vision of installing 500 GW of renewable energy capacity by 2030.

The Phase IV, Part C project includes the construction of various major integral components: a 258 km, 765kV transmission corridor connecting South Olpad (GIS) S/s to Boisar-II (GIS) S/s, construction of a 6000 MVA, 765/400/220kV GIS Substation at Boisar-II, two LILO lines, covering approximately 162 km and terminating at Boisar-II, and a 21 km, 400kV transmission corridor connecting from Boisar-II (GIS) S/s to Velgaon (GIS) S/s.

The project also includes the implementation of STATCOM systems at Boisar-II and Navsari substations.

Also Read: Tata Power to Invest INR 20,000 Crore Capex in FY25

This project will evacuate green power from Gujarat, providing a critical link for power disbursal from the Khavda area to South Olpad, Boisar, and further to the Pune area. The development of this infrastructure will strengthen the energy infrastructure within Maharashtra and meet the energy needs of the state, particularly benefiting the load centers in the Mumbai Metropolitan Region (MMR) and Pune.