Sterlite Power Commissions 765KV Khandwa Substation in Madhya Pradesh
New Delhi, 23, April 2020: Sterlite Power, a leading global power transmission player, commissions the 765kV Khandwa substation in Madhya Pradesh, which is part of the Khargone Transmission Limited (KTL) project. This will play an important role in stepping down the high voltage 1320 MW power from Khargone Power Plant to further distribute it downstream to 50 million households across the states of Madhya Pradesh, Maharashtra and Gujarat.
Sterlite Power has so far commissioned 5 out of 6 elements in the project – 765kV substation at Khandwa, 765kV DC Khandwa-Indore transmission line, 400kV DC Khandwa–Khargone transmission line, 400kV LILO and Dhule bay extension. With these elements charged, KTL is already generating 55.55% revenue in tariffs.
Sterlite Power won the INR 1370 Cr Khargone Transmission project in 2015 through tariff-based competitive bidding process and is executing it under the Build, Own, Operate and Maintain (BOOM) model.
About Sterlite Power
Sterlite Power is a leading global developer of power transmission infrastructure with projects of over 13,670 circuit kms and 24,800 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.
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