Sterlite Power, a leader in the development of power transmission infrastructure, has once again demonstrated its expertise in the green energy sector by securing a significant project in Rajasthan. This marks their second foray into developing renewable energy corridors in the region, underlining their commitment to India's sustainable energy future.
Sterlite Power has been awarded the project through a competitive bidding process, emphasizing their competitive pricing strategy. They received the Letter of Intent from REC Power Development and Consultancy Ltd., a subsidiary of Rural Electricity Corp. The project, which they will build on a BOOT (build, own, operate, transfer) basis, spans a period of 35 years.
The project encompasses three critical components:
1. Construction of a Robust 350 km Power Line: This line will connect Fatehgarh III to Beawar, laying the foundation for enhanced energy transmission.
2. Establishment of a High-Capacity Power Station in Beawar: Designed to handle substantial power loads, this station represents a leap in local energy infrastructure.
3. Development of Two Additional Power Lines: Each stretching approximately 120 km, these lines are integral to the project's expansive scope.
Pratik Agarwal, Managing Director of Sterlite Power, expressed enthusiasm over winning their second green energy corridor project in Rajasthan. He emphasized that developing these vital renewable infrastructure assets is crucial for advancing India's renewable energy objectives. The company is committed to delivering world-class assets to support the country's transition to a greener future.
In March 2023, Sterlite Power secured another segment of this expansive project. The integration of both segments will result in an extensive 700 km transmission network, pivotal for distributing vast quantities of green energy across various regions. This network is set to become one of India's largest. Sterlite Power, with its impressive track record of completing 32 projects, has established extensive power transmission networks spanning over 15,350 km across India and Brazil, marking them as a significant player in the global power infrastructure sector.
Sterlite Power's latest project in Rajasthan not only reinforces their position in the Indian energy sector but also contributes significantly to the nation's renewable energy ambitions. With these developments, Sterlite Power is at the forefront of India's journey towards sustainable and reliable energy solutions
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