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Sterlite Power in pact with 4 EPC players for Green Energy Corridor project

IBEF:  March 31, 2020

In order to implement, manufacture and provide EPC solutions for the Green Energy Corridor (GEC), Sterlite Power has partnered with GE T&D India Ltd, Unitech Power Transmission Ltd (UPTL), Tata Projects Ltd (TPL) and Associate Power Structures Pvt Ltd (APSPL).

The Lakadia Vadodara Transmission Project Limited (LVTPL) project was won by Sterlite Power that consist of laying over 300 km of 765 kV double-circuit transmission lines connecting the 765/400 KV Lakadia substation to the Vadodara substation in Gujarat. This was won through a tariff-based competitive bidding in August 2019 and acquired the special purpose vehicle in December 2019.

GE will be responsible for designing, constructing, testing and commissioning the 765kV GIS substation at Vadodara and the 765kV AIS substation at Lakadia in Gujarat while TPL, APSPL and UPTL will provide the Engineering Procurement and Construction (EPC)-related supply, erection, testing and commissioning of 343km of transmission lines for the project.

Mr Pratik Agarwal, Managing Director, Sterlite Power, said: “This Green Energy Corridor project is very special since it will help our country to achieve its renewable energy target, and fight climate change by creating cleaner alternative to fossil fuel-based energy.” India has set a renewable energy target of 175GW by 2022, in order to fight climate change and decrease carbon emissions across the globe. These GEC projects are expected to contribute in it and help country achieve the target.

The GEC is a transmission network to connect States with higher renewable generation to States that lack renewable energy generation capacity. The project is under implementation in eight States — Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Tamil Nadu.

 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.