The project will allow the State to absorb projected incremental power demand of 1200 MW by 2021-22
Project to provide impetus to the State’s ‘Power for all’ vision
Sterlite Power has successfully acquired the Goa-Tamnar Transmission Project. The project will deliver an incremental 400kV feed to Goa and scale up the transmission network for power evacuation from generation projects pooled at Raigarh (Chattisgarh). With fifteen power transmission projects including three in Brazil, Sterlite Power is poised to significantly increase its current market share of 30% of the PPP market.
The Raigarh pool in Chattisgarh had been facing high-fault levels and this project aims at creating an alternative path of evacuation. The project will help address the quality of power transfer from generating stations connected to the Raigarh pool.
Commenting on the development, the Group CEO of Sterlite Power, Mr. Pratik Agarwal said, “We are excited to win this prestigious project, which increases our footprint of inter-state transmission projects to 21 states. We are committed to delivering this project ahead of schedule and improve the quality of power supply across the two states.’
About Sterlite Power
Sterlite Power is a leading global developer of power transmission infrastructure with projects of over 10,000 circuit kms and 15,000 MVA in India and Brazil. With an industry-leading portfolio of power conductors, EHV cables and OPGW, Sterlite Power also offers solutions for upgrading, uprating and strengthening existing networks. The Company has set new benchmarks in the industry by use of cutting-edge technologies and innovative financing. Sterlite Power is also the sponsor of IndiGrid, India’s first power sector Infrastructure Investment Trust (“InvIT”), listed on the BSE and NSE.
For more details, visit: www.sterlitepower.com
For details, contact
Phone: +91 9971757474