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					</table><p>Power sector infrastructure investment trust <a href="https://www.indigrid.co.in/" target="_blank" rel="noopener">IndiGrid</a> has operationalized its first greenfield project, Kallam Transmission, in Beed, Maharashtra. The project will evacuate 1 GW of power from renewable energy projects in the state’s Dharashiv area.</p>
<p>The project consists of one substation of 2 x 500 MVA capacity with 400/220 kV voltage and ten bays with a line-in line-out (LILO) circuit line of 18 kilometers.</p>
<p>Developed on a build-own-operate-maintain (BOOM) basis for 35 years, the project received approval for energization in February this year. The company claims this will improve the grid availability for evacuation and integration of renewable energy.</p>
<p>“We are delighted to commence the operation of KTL, which is our first foray into the greenfield transmission space. We have built sizable execution expertise, which enables us to participate in the substantial transmission bidding pipeline on the TBCB route. As IndiGrid gears to enter more greenfield opportunities, this project has equipped us with valuable learnings and positions us well for further wins,” said Harsh Shah, IndiGrid CEO.</p>
<p>IndiGrid has secured five more greenfield projects in Maharashtra, New Delhi, Gujarat, and Madhya Pradesh.</p>
<p>The company owns 37 power projects, consisting of 46 transmission lines spanning ~8,468 km in length, 13 substations with ~17,550 MVA transformation capacity, and ~855 MWAC (~1.1 GW) of solar generation capacity.</p>
<p>This project also aligns with IndiGrid’s efforts to contribute to India’s renewable energy transition and enable the evacuation of at least 2 GW of renewable energy.</p>
<p>Last month, IndiGrid <a href="https://cms.mercomindia.com/eastern-railway-1-mw-rooftop-solar-asansol/" target="_blank" rel="noopener">won</a> an auction to set up projects of 250 MW/500 MWh standalone battery energy storage systems in Gujarat. The company secured a 180 MW/360 MWh capacity at a tariff of ₹449,996 (~$5,436)/MW/month.</p>
<p>In January, IndiGrid <a href="https://www.mercomindia.com/indigrid-acquire-renew-solar-project" target="_blank" rel="noopener">signed</a> a share purchase agreement to acquire ReNew’s 300 MW solar project in Rajasthan at an enterprise valuation of ₹15.5 billion (~$186.5 million).</p>


IndiGrid’s First Greenfield Project to Evacuate 1 GW Renewable Energy in Maharashtra

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