– Successfully completes Rs 1,600 crore Marituba Power Transmission project that is designed to deliver over 1,000 MW of green power to the industrial region of Belem.
New Delhi, 20 July 2023 – Sterlite Power, a leading power transmission developer and solutions provider, has achieved a significant milestone in Brazil with the successful commissioning of its sixth power transmission project – Marituba. Built with an investment of Rs 1,600 crore, Project Marituba involved developing a 344 km long 500kV transmission corridor connecting Brazil’s largest hydropower plant at Tucuruí to the metropolitan region of Belém to deliver up to 1,000 MW of green energy.
Since its foray in Brazil in 2017, Sterlite Power has built a significant footprint in the country, acquiring 13 Projects through greenfield global auction process. Currently, the company has a strong portfolio of 8 power transmission projects, of which it has developed six projects, spanning approximately 2000 kms of transmission lines and 22 substations.
Commenting on the milestone, Pratik Agarwal, Managing Director, Sterlite Power, said, “Over the past 6 years, we have made a noteworthy contribution to the Brazilian energy market by securing and delivering critical transmission projects. We will continue to make a meaningful impact on the lives of people in Brazil by ensuring delivery of quality transmission assets in record time.”
The Marituba project is fully integrated with the National Interconnected System (SIN) – the Brazilian National Grid. Located in the Amazon region, it is the largest power transmission project executed by Sterlite Power Brazil. It has traversed 15 cities and 27 Quilombola Afro-Brazilian communities and has created more than 2000 jobs in the region, positively impacting the Brazilian economy and its people.
Amitabh Prasad, CEO, Sterlite Power Brazil, said, “We are very pleased to commission the Marituba project. The Project presented us with invaluable opportunities for acquiring knowledge, primarily owing to the remarkable intricacies of the installation process involving towers and transmission lines within the challenging operational environment.”
The company faced several challenges during the project construction, such as crossing the Tocantins, Acará, and Guamá rivers, and the assembly of towers over 150 meters high to execute the 3 river crossings, each spanning over 1.5 Km. Innovative techniques, such as the use of vessels to transport structures and materials to cross the cables through the water, were adopted to divert river traffic.
Some of the noteworthy achievements of Sterlite Power in Brazil include the delivery of its first project – Arcoverde, 28 months ahead of schedule. In the auctions held last year, the company won two important lots – 5 and 9, with a total estimated capex of Rs 1800 cr. Apart from this, Sterlite Power also commissioned three more projects earlier this year, which connected renewable energy to the Brazilian national grid.
About Sterlite Power:
Sterlite Power is a leading private sector power transmission infrastructure developer and solutions provider with a robust portfolio of 31 completed, sold and under construction projects covering approximately 15,000 circuit Kms of transmission lines across India and Brazil. The Company has a portfolio of high-performance power conductors, extra-high voltage (EHV) cables and optical ground wires (OPGW). The Company provides bespoke solutions for the upgrade, uprate, and fiberization of existing transmission infrastructure projects. Advancing the carriage toward a green energy-efficient future, Sterlite Power has an increasing focus on integrating renewable energy into the grid. It is the sponsor of India’s first power sector InvIT, listed on the BSE Limited and the National Stock Exchange of India Limited. The Company has been recognized as the ‘Power Transmission Company of the Year’ at The Economic Times Energy Leadership Summit 2023 and is a recipient of international awards from S&P Platts as well as International Project Management Association (IPMA).
For more details, please visit https://www.sterlitepower.com/