Sterlite Power acquires LOI for the Phase 3 Part F transmission project in Rajasthan

The Rajasthan Phase-III (20GW) Part F Transmission project has been awarded to Sterlite Power, a private sector developer and solutions provider of power transmission infrastructure. This order is Sterlite Power's second foray into transmission projects for green energy in the state of Rajasthan.

Through a tariff-based competitive bidding (TBCB) process, the project was put out to bid. REC Power Development and Consultancy Limited, a fully owned subsidiary of Rural Electricity 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 Phase III, Part F project entails the construction of three essential elements: 1) a 350 km 765kV transmission corridor connecting the Fatehgarh III renewable energy zone to the substation at Beawar, 2) a 3000 MVA 765/400kV substation at Beawar, and 3) two 120 km long LILO lines. The project also involves the installation of a STATCOM system at the Fatehgarh III substation. The first private developer of transmission infrastructure in the nation to use a STATCOM will be Sterlite Power.

Pratik Agarwal, managing director of Sterlite Power, commented on the latest order win by saying, "We are really thrilled to win our second green energy corridor project in Rajasthan. It is true that the creation of these essential renewable infrastructure resources represents a huge step forward for India's renewable energy objectives. We are prepared to provide top-notch assets and support the nation's transition to a greener future.

Fatehgarh III Beawar Transmission Ltd., Part G Phase III of the project, was awarded to Sterlite Power in March 2023. It will involve building a 700 km transmission link together with Part F, which will allow for the evacuation of a sizeable share of 20 GW of green power from renewable energy zones in Fatehgarh (9.1 GW), Bhadla (8 GW), and Ramgarh (2.9 GW). Once completed, this innovative route will rank among the biggest green energy corridors ever constructed in the nation.

LVTPL (Lakadia-Vadodara Transmission Project Limited), Sterlite Power's largest Green Energy Corridor Project, was successfully launched in March 2023. Through this initiative, 5 GW of dependable green energy may be transported across India from the wind and solar energy centres of Bhuj and Kutch.