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Sterlite Grid wins two more power transmission projects… Projects valued at Rs 650 Crore

Pune - September 20, 2013, Download Source

The RAPP-Unit 7, 8 transmission project involves establishment of 400 kV double circuit line; to further strengthen power transfer capability from Northern Grid to Western Grid.

The ERRS-7 project will transmit power using two 400 kV double circuit lines as well as 400 kV Multi-circuit towers a first in private sector in India.

Forms a part of the transmission systems strengthening project awarded to Sterlite Grid Limited on a ‘Build, Own, Operate and Maintain’ (BOOM) basis.

Transmission lines to be commissioned in 28 months; Sterlite Grid Limited Company would thereafter operate and maintain the same for a minimum tenure of 35 years thereafter.

Sterlite Grid Limited, a subsidiary of Sterlite Technologies Limited, has secured two major projects with a total project outlay of about Rs 650 Crore. Both the transmission projects will be developed on BOOM basis, and has been awarded by Power Finance Corporation of India – the nodal agency.

The first project – Rajasthan Atomic Power Project "RAPP-Unit 7, 8" transmission project – will transfer power from the atomic power plant near Kota in Rajasthan to Shujalpur in Madhya Pradesh. The transmission systems will evacuate and transmit power through a network of about 200 km long 400 kV double circuit line. This line, when commissioned, will further strengthen power transfer capability from Northern Grid
to Western Grid.

The second project, namely "ERRS-7" will include establishment of two 400 kV double circuit lines between Ranchi & Chaibasa in Jharkhand; besides Kharagpur & Purulia in West Bengal. The total line length is around 450 km and the project will include 400 kV Multi-circuit towers near Ranchi substation. This is considered to be the first of its kind private sector transmission projects in India. The project will further strengthen Sterlite’s presence in the Eastern region after the recent commissioning of the Purnia-Bihar Sharif line in Bihar.

"These projects strengthen our presence in Eastern and Western regions and will also mark our entry into the states of Rajasthan and Jharkhand. Further, in terms of growth potential in the transmission sector, these states have significant growth potential and fit well in our future growth plans," said Pravin Agarwal, Director, Sterlite Technologies Limited.

About Sterlite Technologies Limited

Sterlite Technologies Limited (“Sterlite”) [BSE STRTECH], is a leading global provider of transmission solutions for the power and telecom industries. Equipped with a product portfolio that includes power conductors, optical power ground wire, EHV/HV power cables , optical fibers , telecommunication cables and a comprehensive telecom systems / solutions portfolio, Sterlite’s vision is to ‘Connect every home on the planet’.

Contact
Mitul Thakkar
Sterlite Power Grid Ventures Limited
Phone: +91.11.49962282
mitul.thakkar@sterlite.com

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