Sterlite Power announced the successful commissioning of its green energy corridor project named Lakadia-Vadodara Transmission Project Limited (LVTPL). The project aims to deliver more than 5,000 MW of power from renewable rich regions of Bhuj and Kutch to the national grid.
The project is built with an investment of Rs 20.24 billion. This inter-state transmission connects the 765/400 kV substation at Lakadia to Vadodara through a 335 km long 765 kV double-circuit transmission line. With 812 towers spanning seven districts in Gujarat, this power transmission corridor is also one of the largest transmission corridors built in India till date.
Additionally, the project forms a critical part of the world’s largest 30,000 MW Hybrid renewable energy park coming up in Kutch. The project was awarded to the company in 2019 and the work was started in 2020.
Recently, in January 2023, Sterlite Power secured debt funding of 3.05 billion from Aseem Infrastructure Finance, a non-banking infrastructure finance company, for its Kishtwar transmission project in Jammu and Kashmir (J&K). Sterlite Power recently acquired the Kishtwar transmission project for execution of the inter-state transmission system project in December 2022. The project entails the construction of a transmission system that includes a 400/132 kV gas-insulated substation in the J&K district of Kishtwar and a 400 kV transmission line from Kishenpur village in the Samba district to the Dulhasti power project.