Sterlite power bags green energy transmission project in Rajasthan

The transmission project for evacuating power from renewable energy zones in Rajasthan under Phase-III Part G has been awarded to Sterlite Power, a top power transmission business in India and Brazil.

A project that will serve as one of the crucial connections in the transfer of 20 GW of renewable energy from Rajasthan’s Renewable Energy Zones (REZ) to the national grid.

Under a tariff-based competitive bidding (TBCB) process, the project was put out to bid. PFC Consulting Limited, a fully owned subsidiary of Power Finance Corporation, provided Sterlite Power with a Letter of Intent (LoI) to construct the project on a BOOT (build, own, operate, transfer) basis for a 35-year period.

The Ministry of Electricity established a roadmap in 2022 with a goal of integrating over 500 GW of renewable energy capacity into the national grid by 2030. A key component of this roadmap is the entire transmission system. A 350-km, 765-kV transmission link from Rajasthan’s Fatehgarh III to Beawar will be built as part of the project.

It will allow for the evacuation of a portion of the 20 GW of renewable energy from the state’s Fatehgarh (9.1 GW), Bhadla (8 GW), and Ramgarh (2.9 GW) renewable energy zones.

Commenting on the bid win, Pratik Agarwal, Managing Director, Sterlite Power, said, “We are very happy to win another Green Energy Corridor transmission project, which is vital to India’s energy transition playbook. This is our eighteenth transmission project in the country, and with our strong capabilities and experience, we are well poised to deliver another world-class asset to the nation.”

The company is working on its second renewable energy project, and it is the first one in Rajasthan. With Gujarat’s Lakadia-Vadodara power transmission project, Sterlite Power recently put into operation its first green energy endeavor.

Since it was put into operation, the 300 km long project has been essential in supplying the national grid of India with 5,000 MW of dependable, environmentally friendly power from Gujarat, a state that is rich in renewable energy sources. Also, it’s one of the biggest transmission lines that India has ever constructed.