The project will involve construction of a 350km, 765kV transmission corridor from Fatehgarh III to Beawar in Rajasthan. It will enable evacuation of a part of 20 GW of renewable power from Renewable Energy Zones in Fatehgarh (9.1 GW), Bhadla (8 GW) and Ramgarh (2.9 GW) areas of the state.
Dec 19, 2024
Sterlite Power has bagged a transmission project for evacuation of power from renewable energy zones in Rajasthan under Phase-III Part G. The project was bid through tariff-based competitive bidding process.
Sterlite Power received the Letter of Intent (LoI) from PFC Consulting Limited (a wholly-owned subsidiary of Power Finance Corporation) to build the project, having a period of 35 years.
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The entire transmission system forms a critical for integration of over 500 GW renewable energy capacity to the national grid by 2030. The project will involve construction of a 350km, 765kV transmission corridor from Fatehgarh III to Beawar in Rajasthan. It will enable evacuation of a part of 20 GW of renewable power from Renewable Energy Zones in Fatehgarh (9.1 GW), Bhadla (8 GW) and Ramgarh (2.9 GW) areas of the state.
Commenting on the bid win, Pratik Agarwal, Managing Director, Sterlite Power said, “This is our first green energy project in Rajasthan and 18th transmission project in the country. With strong capabilities and experience, we are well poised to deliver another world class asset to the nation.
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Sterlite Power recently commissioned its first green energy project: Lakadia-Vadodara power transmission project in Gujarat. Since its commissioning, the 300-km-long project is playing a vital role in supplying 5,000MW of reliable and green power from renewable energy-rich state of Gujarat to the Indian national grid. It is also one of the largest transmission corridors built in India till date.