Sterlite Power Transmission (Sterlite Power), a private sector power transmission infrastructure developer and solutions provider, announced the acquisition of Nangalbibra-Bongaigaon Transmission, a special purpose vehicle (SPV) from PFC Consulting.
Through this SPV, the company will execute the inter-state transmission system (ISTS) project which it won through tariff-based competitive bidding (TBCB) in October 2021.
The project involves setting up approximately 300 ckt km of transmission lines network and green field substation with 320 MVA transformation capacity across North-Eastern terrain of Assam and Meghalaya.
The project includes the following elements -- approximately 250 ckt km of 400 kV D/c transmission line connecting Bongaigaon in Assam to a green field substation at Nangalbibra in Meghalaya, across the river Brahmaputra; 220/132 kV substation at Nangalbibra; and around 50ckt km of 132 kV D/c line connecting Hatsinghmari in Assam to Ampati.
The project will transmit over 1,000 MW of power from Assam to western parts of Meghalaya.
Apart from bringing the additional power flow, it will also help in decongesting the downstream networks in the region, thereby improving the quality and reliability of power flow in the North-East India.
The company now has a portfolio of 27 projects across India and Brazil, which includes projects under various stages of development and those that have been sold.
Earlier in 2021, the company had completed NER-II project spanning across the North-Eastern states of Assam, Arunachal Pradesh and Tripura.
