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.

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