New Delhi, 23rd 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. Thiswill play an important role in stepping
downthe high voltage 1320 MW power from Khargone Power Plantto 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, 765 kV DC
Khandwa-Indore transmission line, 400 kV DC Khandwa–Khargone transmission line,
400 kV Line in line out (LILO) and Dhule bay extension. With these elements
charged, KTL is already generating 55.55% revenue in tariffs.
Sterlite Power won the INR 1370Cr 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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