Reliance Industries has won PFC Consulting’s tender to set up a transmission system to evacuate 3 GW of power for green hydrogen/ammonia manufacturing projects in the Kandla area, Gujarat.

The tender was floated in October last year.

Reliance Industries will acquire 100% equity stakes in Kandla GHA Transmission (KGTL) for ₹200 million (~$2.3 million). The transaction is expected to be completed by the end of June 2025.

Post acquisition, KGTL will become a wholly owned subsidiary of Reliance Industries.

Other bidders who qualified were Adani Energy Solutions, Power Grid Corporation of India, Resonia, and the Tata Power Company.

Reliance Industries will design, engineer, provide equipment and material, construct, erect, test, and commission the transmission project on a build, own, operate, and transfer basis. It will also operate and maintain the project.

Additionally, the company will complete all the associated activities, including survey, detailed project report formulation, arranging finance, project management, necessary consents, clearances and permits, and land compensation.

It will ensure that the project’s design, construction, and testing of all equipment, facilities, components, and systems comply with the transmission service agreement and applicable rules and guidelines issued by the Central Government.

Reliance will also ensure the transfer of all project assets, along with substation land, right of way, and clearances, after 35 years from the commercial operational date of the project at zero cost and free from any encumbrance and liability.

In January, Reliance Industries announced that it would acquire a 100% equity stake in Lakadia B Power Transmission from REC Power Development and Consultancy for ₹80 million (~$923,782) to set up an interstate transmission system to evacuate up to 3.5 GW of renewable energy from Lakadia in Gujarat.

In December 2024, Reliance Power, along with NTPC Renewable Energy, Sembcorp Green Infra, Solarcraft Power India 8 (Blupine Energy), and Hero Solar Energy, won the Solar Energy Corporation of India’s Tranche XVII auction to develop 2,000 MW of interstate transmission system-connected solar power projects integrated with 1,000 MW/4,000 MWh energy storage systems.