SJVN Limited, an association between Government of India and Government of Himachal Pradesh has announced an agreement with Kalpataru Power Transmission Limited. The association seeks to build a 220 KV direct current single zebra transmission line for the 210 MW Luhri hydroelectric project stage-1. The hydroelectric project spans across the Himachal Pradesh districts of Shimla, Mandi, and Kullu. It will be connected to a 220/400 KV GIS pooling facility at Nanj in Mandi district via the ISTS network for power transmission. The agreement calls for a Rs 711.8 million investment and calls for the completion of the transmission line by August 2024.
The project is intended to produce 758 MUs of energy per year, which will be transmitted through this ISTS network line. SJVN has a total portfolio of approximately 42,000 MW and operates in all business verticals of the energy sector, including hydro, thermal, and renewable sources, in addition to diversifying and venturing into power transmission and trading. Recent project additions are progressing the company closer to realising its shared vision of 5 GW by 2023, 25 GW by 2030, and 50 GW installed capacity by 2040.
Recently in July 2022, SJVN Limited secured an engineering, procurement, and construction (EPC) contract to commission two solar projects in Uttar Pradesh. The two EPC contracts are expected to cost Rs 6.91 billion including execution of the solar project as well as two years of operation and maintenance.