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Sterlite Power bags contracts of over INR30 billion in Indian states [free access]

August 9, 2019

Indian private transmission network developer, Sterlite Power Transmission Limited (SPTL), has bagged two inter-state transmission system (ISTS) projects worth over INR30 billion. The projects were awarded via the tariff-based competitive bidding (TBCB) mode.

 

The first contract bagged by the utility is for the 400 kV Udupi–Kasargode project, aimed at decongesting the ISTS corridor and facilitating smoother power flow between Karnataka and Kerala. The contract entails construction of a 120-km-long, 400 kV transmission line from Udupi in Karnataka to Kasaragode in Kerala, along with a 400 kV gas-insulated switchgear (GIS) substation. 

The second contract bagged by the utility is for the construction of the 325-km-long, 765 kV Lakadia–Vadodara line, under the Western Region Strengthening Scheme (WRSS)-21 (Part-B) – Transmission System, which is one of the projects under the Green Energy Corridor (GEC). WRSS-21 aims to relieve over-loadings observed in Gujarat due to renewable energy (RE) injections.

 

Both projects will be developed by SPTL on a build, own, operate and maintain (BOOM) basis for a period of 35 years.

 

(INR1=USD0.01)