Sterlite Power, a leading power transmission company in India and Brazil, has been awarded the transmission project for evacuation of power from renewable energy zones in Rajasthan under Phase-III Part G. The project was bid out through tariff-based competitive bidding (TBCB) 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 on build, own, operate, transfer (BOOT) basis, for a period of 35 years.
The project will involve construction of a 350 km, 765 kV 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. This is the second green energy project for the company and its first in the state of Rajasthan.
Recently, Sterlite Power commissioned its first green energy project, i.e Lakadia -Vadodara power transmission project in Gujarat. Reportedly, since its commissioning, the 300 km long project is playing a vital role in supplying 5,000 MW 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.
