INDIA - Sterlite Power, a leading integrated power transmission developer, has successfully secured the rights to the Rajasthan Renewable Energy Zone Phase IV (REZ Ph-IV) transmission project. This win was achieved through tariff-based competitive bidding and the company will manage the project on a Build, Own, Operate, and Transfer (BOOT) basis for a period of 35 years.
The project's scope includes the construction of a new substation in Neemrana and two vital transmission lines that span a total distance of 250 kilometers. Additionally, the initiative will establish a Last In First Out (LILO) transmission corridor that will enhance connectivity between the Gurgaon and Sohna substations. These infrastructure developments are intended to seamlessly integrate with the existing Kotputli substation and capitalize on the abundant renewable resources in the Bikaner region.
Pratik Agarwal, the Managing Director of Sterlite Power, emphasized the project's strategic significance in transferring up to 8 gigawatts (GW) of renewable energy to crucial territories across Rajasthan, Haryana, and Uttar Pradesh. This move is expected to play a pivotal role in the region's transition towards green energy and support India's broader environmental objectives.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.