Sterlite Power, a leading power transmission company, has recently clinched a significant contract for Phase-IV (Part-1-Bikaner Complex): Part-B Transmission project in Rajasthan, aimed at facilitating the evacuation of an impressive eight gigawatts (GW) of renewable energy (RE). This transformative initiative will enable the seamless flow of approximately 8,000 megawatts (MW) of renewable energy from Bikaner to crucial load centers situated in Rajasthan, Haryana, and Uttar Pradesh.
As part of the agreement, Sterlite Power will spearhead the development of a robust 6,000 MVA, 765/400kV substation located at Neemrana, in addition to constructing two 400 kV transmission lines that will span an extensive distance of 250 kilometers. The execution of this contract will adhere to a build, own, operate, transfer (BOOT) model, structured for a duration of 35 years.
This groundbreaking contract signifies Sterlite Power's third milestone project under the Green Energy Corridor (GEC) in the state of Rajasthan. The project was secured through a rigorous and competitive bidding process known as tariff-based competitive bidding (TBCB).
Sterlite Power boasts an impressive portfolio, encompassing 32 completed, sold, and ongoing projects, covering a vast network of nearly 15,350 circuit kilometers of transmission lines across India and Brazil. Furthermore, the company recently secured yet another remarkable contract in April 2023, focused on evacuating a staggering 20 GW of renewable energy in the state.
News by Rahul Yelligetti