Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Kishtwar Transmission Ltd, a special purpose vehicle from Power Finance Corp. (PFC) arm PFC Consulting.
The project was awarded to Sterlite Power through tariff-based competitive bidding in March 2022. Through Kishtwar Transmission Ltd, the company will build, own, operate, and maintain a critical transmission project in Jammu & Kashmir (J&K) for a period of 35 years.
The project will comprise a 400/132kV GIS substation at Kishtwar and a 400 kV Kishenpur-Dulhasti LILO (Line in Line out) transmission line. The transmission system will be used for the evacuation of 1 GW of power from the Pakaldul Hydro Electric Project to the Kishtwar substation.
This will be Sterlite Power’s 17th power transmission project in India under the tariff-based competitive bidding mode.
Sterlite Power has a portfolio of 30 projects covering around 14,602 circuit km of transmission lines across India and Brazil.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.