SJVN’s Heat and Power Generating Green Hydrogen Project Starts Operation

Bihar Invites Bids for 200 MW Rooftop Solar Projects

REC Avails $388 Million Loan from SACE for Green Energy Projects

Daily News Wrap-Up: RUMSL Invites Bids to Develop 170 MW Solar Project

US Solar Manufacturers File Trade Petition Against Solar Imports From Southeast Asia

Captive Segment Growth Drives KPI Green’s Profit Up 36% in Q4 FY24

Corporate Funding in Energy Storage Sector Surges Five-Fold to $11.7 Billion in Q1

CERC Grants Connectivity for 300 MW Solar Project Citing Force Majeure Events

Hitachi Energy Invests $1.5 Billion to Meet Surging Transformer Demand

US Aims to Slash Grid Interconnection Timeline from 33 to Under 12 Months by 2030


					<table id="amazon-polly-audio-table">
						<tr>
						<td id="amazon-polly-audio-tab">
							<div id="amazon-ai-player-label">Listen to this article</div>
							<div id="amazon-ai-player-container">
			<audio class="amazon-ai-player" id="amazon-ai-player" preload="none" controls   controlsList="nodownload" >
				<source type="audio/mpeg" src="http://mercomindia.com/wp-content/uploads/2023/03/amazon_polly_51022.mp3?version=1679054805">
			</audio>
		</div>
							<div id="amazon-polly-subscribe-tab"></div>
							<div id="amazon-polly-by-tab"></div>
						</td>
						</tr>
					</table><p><a href="https://www.sterlitepower.com/" target="_blank" rel="noopener">Sterlite Power</a> has bagged an interstate transmission system (ISTS) project for the evacuation of 20 GW of power from renewable energy zones in Rajasthan under Phase III, Part-G.</p>
<p>The company participated in tariff-based competitive bidding and was awarded the letter of intent by PFC Consulting, a wholly-owned subsidiary of <a href="https://pfcindia.com/Home" target="_blank" rel="noopener">Power Finance Corporation</a>, to build the project on a build, own, operate, and transfer basis for 35 years.</p>
<p>The project comprises the construction of a 765 kV transmission corridor which will be laid across a 350 km stretch from Fatehgarh III to Beawar in the Ajmer district.</p>
<p>The ISTS project will enable the evacuation of a part of 20 GW of renewable power from Fatehgarh (9.1 GW), Bhadla (8.1 GW), and Ramgarh (2.9 GW) areas.</p>
<p>This is Sterlite&#8217;s second green energy project and the first that the company bagged in Rajasthan.</p>
<p>Earlier this month, Sterlite Power <a href="https://mercomindia.com/sterlite-20-billion-transmission-project/" target="_blank" rel="noopener">commissioned</a> the ~300 km Lakadia-Vadodara Transmission Project, part of the green energy corridor. The project is designed to evacuate over 5 GW of renewables from Bhuj and Kutch to the national grid.</p>
<p>Sterlite Power’s Managing Director Pratik Agarwal said, “We are very happy to win another Green Energy Corridor transmission project which is vital to India’s energy transition playbook. This is our eighteenth transmission project in the country, and with our strong capabilities and experience, we are well poised to deliver another world-class asset to the nation.”</p>
<p>Sterlite Power’s portfolio includes 30 completed, sold, and under-construction projects covering approximately 14,602 circuit km of transmission lines across India and Brazil.</p>
<p>Last year, the Ministry of Power <a href="https://mercomindia.com/transmission-infrastructure-66-5-gw-renewable-zones-by-2022/" target="_blank" rel="noopener">said</a> that the government is working towards setting up transmission systems for renewable energy zones with 66.5 GW of capacity by the end of 2022 to integrate non-fossil fuel energy sources with the country’s grid. It also plans transmission arrangements for another 181.5 GW of renewable energy resources by 2030.</p>
<p>In October 2020, Sterlite Power <a href="https://mercomindia.com/pfc-approves-nearly-%e2%82%b921-billion/" target="_blank" rel="noopener">secured</a> financial closure for its Vapi II North Lakhimpur Transmission Limited project, wherein the total debt funding of ₹20.7 billion (~$281 million) came from Power Finance Corporation.</p>
<div class="saboxplugin-wrap" itemtype="http://schema.org/Person" itemscope itemprop="author"><div class="saboxplugin-tab"><div class="saboxplugin-gravatar"></div><div class="saboxplugin-authorname"><a href="https://cms.mercomindia.com/author/gourav-mishra/" class="vcard author" rel="author"><span class="fn">Gourav Mishra</span></a></div><div class="saboxplugin-desc"><div itemprop="description"><div class="designboxt">
<p><img class="alignleft" style="border-radius: 50%;height: 50px;margin-top: -4px;border: 1px solid #00b451" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/WhatsApp-Image-2022-04-06-at-6.37.25-PM-1-1.jpeg" width="50" /></p>
<p><strong style="text-decoration: underline">Gourav,</strong> Staff reporter at Mercom India<br />
<a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">More articles from Gourav.</a></p>
</div>
<div class="authorboxn"><img class="alignleft" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2022/04/WhatsApp-Image-2022-04-06-at-6.37.25-PM-1-1.jpeg" width="89" height="102" /><a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">Gourav</a> is a staff reporter with Mercom India with over six years of experience in various roles with NewsX, The New Indian Express, IBTimes India, and U.S., Republic, and Analytics India Magazine. Gourav has a Master&#8217;s in journalism from Jain University, Bengaluru. <a href="https://mercomindia.com/author/gourav-mishra/" target="_blank" rel="noopener">More articles from Gourav Mishra</a></div>
</div></div><div class="clearfix"></div></div></div>

Sterlite Bags ISTS Project to Evacuate 20 GW of Renewables in Rajasthan

zones

Get the most relevant India solar and clean energy news.

RECENT POSTS