Green Energy

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Green energy
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• Sterlite Power acquires the Green Energy
  Transmission Corridor Project
• Completes acquisition of Lakadia Vadodara
  Transmission Project from PFC Consulting Limited
• New Delhi, 3rd December 2019 Sterlite Power, a
  leading global player in power transmission
  announces the acquisition of its inter-state GEC
  transmission project, Lakadia Vadodara
  Transmission Project Limited (LVTPL), from PFC
  Consulting Limited. The company had won this
  project (WRSS 21 Part B) through tariff-based
  competitive bidding process and would execute it
  under the Build, Own, Operate and Maintain (BOOM)
  model for 35 years in the state of Gujarat.

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• The project is aligned to enable the countrys
  renewable energy target of installing 175 GW RE
  by 2022 and connects the wind energy zones of
  Bhuj in Gujarat to the load centres in the States
  of Gujarat and Maharashtra. The project involves
  laying 350 kms of 765 kV double-circuit
  transmission line connecting 765/400 kV Lakadia
  substation to Vadodara substation in Gujarat, in
  an aggressive timeframe of 18 months.

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• Commenting on the project acquisition, Pratik
  Agarwal, Managing Director, Sterlite Power said,
  This is another resounding success for Sterlite
  Power. We are proud to be part of this
  energy-transition journey of the country and are
  fully geared to contribute to it with this and
  more such projects.

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• With the acquisition of this project, the company
  has increased its domestic footprint in
  inter-state transmission projects to 22 states
  with a cumulative transmission line network of
  more than 9000 ckms and 16,000 MVA transformation
  capacity. This marks the 14th addition to our
  domestic project portfolio. The company has a
  strong presence in Brazil with a portfolio of 10
  transmission projects.

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• Thank You
• https//www.sterlitepower.com/press-release/sterli
  te-power-acquires-green-energy-transmission-corrid
  or-project