Business Overview
Global Infrastructure

In the three regions of Africa, the Indian subcontinent and South America the way in which millions still access and consume electricity leaves much to be desired. Reliable power supply 24×7 continues to remain a challenge and thousands of households are having to invest in power back-up options.

At Sterlite Power, we believe that universal, reliable and affordable electrification is as much a fundamental right as is its access. As a leading global developer of power transmission infrastructure, we bid, design, construct, own and operate power transmission assets across multiple geographies. We are entrusted with the critical infrastructure that powers economies. We are operational in India and Brazil with a portfolio of 25 projects now, spanning close to 13,700 ckm of transmission lines. Developing, operating and owning these assets provide the foundation for the better world of energy that we strive for.

OPTIMAL UTILISATION OF TECHNOLOGY THROUGH CONSTANT INNOVATION

We are consistently striving towards delivering innovative solutions to age-old problems faced in project development, just as we have been doing in other aspects of a transmission project’s lifecycle. We strongly believe that innovation and sustainability go hand-in-hand and when implemented strategically, it can enhance competitive advantage for businesses.

With the recent commissioning of India’s first vertical GIS substation built as part of the Gurgaon Palwal Transmission project, along with implementation of multi-circuit monopole towers for transmission lines, we managed to save as much as 75% on land usage. This helped us in preserving the region's forests to a large extent. Apart from saving land, these innovations have resulted in offsetting more than 18,000 tonnes of CO2 emissions each year, as compared to a conventional layout for a similar GIS substation.

In a similar vein, a prime example of multi-competency’s collaboration emerged with the successful deployment of a newly designed product that enables critical clearance for long spans. The newly developed ACCC ULS Ganga was utilised at one of India’s longest river crossings across River Ganga, at the Purnia Bihar Sharif transmission line, at a span of ~1.1 km.

Operating Model

Bid

  • Rich track record of winning lucrative inter-state transmission service agreements; robust pipeline in place
  • 15 projects in India, through tariff-based competitive bidding (TBCB)
  • Strong regulatory regime in India enables fully contracted long-term cash flows, low counter-party risk and long concession periods

Award

  • Government tenders
  • Credit-worthy counterparty ensuring bankability
  • Annuity period of 25-35 years

Develop

  • Deep innovation and execution skills help complete projects within stipulated costs; often commissioning ahead of schedule
  • Adherence to the highest standards of safety and quality
  • Collaboration with contractors, who are pioneers in their respective fields

Build

  • Sub-contract to EPC partner
  • Back-to-back guarantees

Manage and Refinance

  • Strong operations and maintenance team manages the assets post commissioning
  • Pursuit of refinance opportunities
  • IndiGrid – India’s first power sector infrastructure Investment Trust (InvIT) – has proved a successful way of raising capital by transferring mature, fully operational assets to the Trust and redeploying the capital for developing new assets

Asset-flip

  • Flip assets to IndiGrid
  • Recycled equity for new projects
Portfolio

25 power
transmission projects

won under Public-Private Partnerships (PPP); 15 in India under TBCB and 10 in Brazil

~26,100 MVA

of transformation capacity

~13,700 ckm

of power transmission lines commissioned or under construction

9 operational assets

won under PPP

21 substations

31.5% market share

by tariff of inter-state projects awarded under competitive bidding in India

`36,022 Crore of capex

(US$ 4.88 Billion planned and incurred)

68 EHV transmission lines

99.84% availability

achieved across our commissioned assets in FY 2019-20

India

Our assets are in strategically important areas from the perspective of transmission connectivity, transferring power from generating centres to load centres to meet inter-regional power deficits. We now have a total portfolio of 15 transmission projects in India, spanning more than 9,000 ckm, through a total capex of `25,262 Crore (US$ 3.42 Billion).

NEW ADDITIONS TO PORTFOLIO

We made significant progress towards our strategic priorities in the last year, chief of which is being declared the winning bidder for three new projects – the Transmission System for Lakadia – Vadodara Transmission Project, the Transmission System for Udupi-Kasargode, the WRSS-XIX and NERSS-IX transmission project. All three projects are unique and true to our core purpose of ‘Empowering Humanity by addressing the toughest challenges of energy delivery’.

Western Region Strengthening Scheme - XIX (WRSS-XIX) and North Eastern Region Strengthening Scheme - IX (NERSS-IX)

This project aims at strengthening the transmission system in western and north-eastern regions of India. It seeks to address decongestion of corridors, along with the delivery of power to high habitation and industrial zones. The project will cover the Vapi area in Gujarat and Navi Mumbai in Maharashtra in the West, while in the North East, it intends to supply power from Pare Hydro Electric Plant to far-flung areas of Arunachal Pradesh.

The project elements include transmission lines at various voltage levels and a GIS substation at Vapi. It encounters severe Right of Way (RoW) constrained zones in Gujarat and Maharashtra. It also faces the challenge of navigating a major forested area in the North East.

Lakadia – Vadodara Transmission Project (LVTPL)

The second project, Lakadia – Vadodara Transmission Project (LVTPL) is part of the Western Region Strengthening Scheme – XXI (WRSS XXI) Part B, which intends to connect Lakadia to Vadodara in Gujarat, to enable evacuation of RE. The project comprises more than 650 ckm of 765 kV transmission line. This project is part of India’s GEC and will enable the country’s RE target of achieving 175 GW renewable energy (RE) by 2022.

Udupi Kasargode Transmission Project (UKTL)

This project will take place in Karnataka and Kerala and aims at system-strengthening and power supply to urban areas of Kerala. The project comprises a GIS substation at Kasargode in Kerala and a 400 kV transmission line. We face the challenge of RoW in this project as well.

WRSS-XIX and NERSS-IX intends to supply power from Pare Hydro Electric Plant to far-flung areas of Arunachal Pradesh

Target of achieving 175 GW RE by 2022

FOOTPRINT IN INDIA
PROJECT
OVERVIEW
SCHEDULED COD
PROJECT ELEMENTS

Jabalpur Transmission Company Limited (JTCL)

1 x 765 kV D/C lines

1 x 765 kV S/C lines

Commissioned

994 ckm

Bhopal Dhule Transmission Company Limited (BDTCL)

4 x 765 kV S/C lines

2 x 400 kV D/C lines

4 x 1,500 MVA,

1 x 765/400 kV substation

Commissioned

945 ckm

6,000 MVA

Rapp Transmission Company Limited (RTCL)

1 x 400/220 kV D/C line

Commissioned

402 ckm

Maheshwaram Transmission Company Limited (MTCL)

2 x 400 kV D/C lines

Commissioned

472 ckm

Purulia & Kharagpur Transmission Company Limited (PKTCL)

2 x 400 kV D/C lines

Commissioned

545 ckm

NRSS XXIX Transmission Limited (NRSS)

3 x 400 kV D/C lines

1 x 400/220 kV D/C GIS

Commissioned

830 ckm

735 MVA

East-North Interconnection Company Limited (ENICL)

2 x 400 kV D/C lines

Commissioned

904 ckm

Gurgaon – Palwal Transmission Limited (GPTL)

5 x 400 kV D/C lines

3 x 400/220 kV substation

Commissioned

271 ckm

3,000 MVA

Khargone Transmission Limited (KTL)

2 x 765 kV D/C lines

1 x 400 kV D/C line

1 x 765/400 kV substation

June, 2020

622 ckm

3,000 MVA

NER II Transmission Limited (NER-II)

2 x 400 kV D/C line

3 x 132 kV D/C line

2 x 400/132 kV substation

November, 2020

832 ckm

1,260 MVA

Odisha Generation Phase-II Transmission Limited (OGPTL)

1 x 765 kV D/C line

1 x 400 kV D/C line

Commissioned

710 ckm

Goa – Tamnar Transmission Project Limited (GTTPL)

1 x 765 kV D/C line

1 x 400 kV D/C line

1 x 400/220 kV substation

November, 2021

478 ckm

1,000 MVA

Lakadia – Vadodara Transmission Project Limited (LVTPL)

1 x 765 kV D/C line

December, 2020

659 ckm

1,000 MVA

Due to impact of the outbreak and spread of COVID-19 pandemic, all under-construction Transmission projects were granted a 5-month extension by Ministry of Power Notification No. 3/1/2020-Trans dated 27-Jul-2020

PROJECT
OVERVIEW
SCHEDULED COD
PROJECT ELEMENTS

Udupi Kasargode Transmission Limited (UKTL)

1 x 400 kV D/C line

1 x 400/220 kV substation

November, 2022

231 ckm

1,000 MVA

Western Region Strengthening Scheme - XIX and North Eastern Region Strengthening Scheme - IX (WR-NER)

4 x 400 kV D/C line

2 x 220 kV D/C line

2 x 132 kV D/C line

1 x 400/220 kV substation

December, 2023

351 ckm

1,000 MVA

INDIA

Our assets are located in strategically important areas from the perspective of transmission connectivity, transferring power from generating centres to load centres to meet inter-regional power deficits. We now have a total portfolio of 15 transmission projects in India, spanning 9,246 ckm, through a total capex of `25,262 Crore (US$ 3.42 Billion).

Footprint in India

4,500 km

ROUTE LENGTH

9,246 ckm

LENGTH

`25,262 Crore

(US$ 3.42 Billion)

PROJECT CAPEX

This map is a graphical representation designed for general reference purposes only

BRAZIL

We commissioned our first project in Brazil and that too, 28 months ahead of schedule, while also emerging as winner in the auction of the prestigious Pampa project. In a short span of time, we have developed a portfolio of total 10 transmission projects in the fast-growing South American nation, spanning 4,416 ckm, through a total capex of `10,760 Crore (US$ 1.46 Billion).

FOOTPRINT IN BRAZIL
PROJECT
OVERVIEW
SCHEDULED COD
PROJECT ELEMENTS

Arcoverde

2 x 230 kV transmission line

1 x 230/69 kV substation

August, 2021

129 ckm

400 MVA

Vineyards

3 x 230 kV transmission line

2 x 230/69 kV substation

August, 2022

115 ckm

496 MVA

Novo Estado

3 x 500 kV transmission line

March, 2023

1,831 ckm

Dunas

2 x 500 kV transmission line

3 x 230 kV transmission line

2 x 500/230 kV substation

1 x 230/69 kV substation

September, 2023

541 ckm

3,300 MVA

Borborema

1 x 500 kV transmission line

1 x 500/230 kV substation

March, 2023

129 ckm

750 MVA

São Francisco

2 x 500 kV transmission line

1 x 230 kV transmission line

September, 2023

521 ckm

Goyaz

1 x 230 kV transmission line

March, 2023

152 ckm

600 MVA

Marituba

1 x 500 kV transmission line

March, 2023

374 ckm

Solaris

1 x 345 kV transmission line

1 x 230 kV transmission line

1 x 500/230 kV substation

January, 2024

298 ckm

800 MVA

Pampa

2 x 525 kV transmission line

1 x 525/230 kV substation

March, 2023

326 ckm

1,768 MVA

BRAZIL

We commissioned our first project in Brazil in the reporting year, while also emerging as the winner in the auction of the prestigious Pampa project. In a short span of time, we have developed a portfolio of total 10 transmission projects in the fast-growing South American nation, spanning 4,416 ckm, through a total capex of `10,760 Crore (US$ 1.46 Billion)

Footprint in Brazil

2,967 km

ROUTE LENGTH

4,416 ckm

LENGTH

`10,760 Crore

(US$ 1.46 Billion

PROJECT CAPEX

*Assets managed by third party

This map is a graphical representation designed for general reference purposes only

LICENCE TO OPERATE

Our projects in Brazil are based on trust, relationship and a synchronised effort made by the environmental bodies and regulatory agencies involved in the environmental licensing process. All environmental licensing processes go through a wide range of discussion with several agencies. This enables us to design projects of high environmental quality, which is well received by the regulators, the society and the communities.

In 2019, we conducted 41 such processes: 16 with environmental licensing agencies; 19 with archaeological and historical heritage agency, four with Quilombola communities* agencies and two with the bodies responsible for health^ in the Legal Amazon region.

RELATIONSHIP WITH THE COMMUNITY

We understand that access to information about our projects is an important tool to build and maintain a good relationship with the communities in the regions we operate. Bearing in mind that throughout a linear enterprise, different social and institutional groups are present, with different causes and interests, we felt it necessary to implement mechanisms that facilitate the conduct of the interaction process between the Company and the various social factors. This is embodied in our social communication process, an open dialogue with the communities, which is understood as a systematic and permanent process of information on topics of different interests associated with the changes arising from the implementation of the project, occurring before and during its installation.

The social communication process aims at establishing actions to minimise the effects of implementing the project for the communities directly or indirectly affected by the project. This is achieved by promoting integration between the community and the Company, through a process based on participation, transparency and information. Finally, it also serves as an important foundation for social and environmental plans and programmes, facilitating the provision of information and disseminating its results.

In the Arcoverde project, located in the state of Pernambuco, besides utilising the above communication channels, face-to-face contacts with all landowners and communities affected by our project were made (including a ~130 km long transmission line, two substations, a greenfield and an extension). From these channels a short number of calls were made to our ombudsman, related to taxes, technical aspects, appreciation, among others, all well addressed. This reinforces our good relationship and transparency with the communities.


*ethnic groups, predominantly made up of rural or urban black population, descendants of former slaves

^to develop actions to prevent and avoid malaria among workers and communities at municipalities where the projects are located

VEGETATION SUPPRESSION

Vegetation suppression is important in the stages of installation and operation of power transmission lines. Given this, we developed programmes and procedures with customised techniques for each situation, type of vegetation and region. The established techniques are focused on the safety of forestry operations, excellence and minimisation of the environmental impacts resulting from the intervention.

23.14 Ha

Area in Arcoverde preserved

In the Arcoverde project, applying such best practices in the vegetation removal activity was relevant in reducing the suppression. Also, in the Permanent Preservation Areas (which refer to the mandatorily protected areas that serve the environmental functions of preserving water resources, the landscape, geological stability, biodiversity and the genetic flow of fauna and flora; protecting the soil; and ensuring the safety of the local population), the installation of towers or vegetation suppression was not carried out. This was in addition to the adoption of non-interventional construction techniques in these areas.

POSITIVE IMPACT IN RELATION TO THE NATIVE VEGETAL SUPPRESSION

We achieved similar results in the Vineyards project as well. In regions with better preserved vegetation, construction activities were customised. Specific practices, such as the use of Unmanned Aerial Vehicles (UAVs) for laying cables conductors in 12 spans of towers and the installation of 349 beacons to avoid the collision of birds with overhead cables in 3.49 km of transmission line, were adopted to reduce negative impact on vegetation. The vegetation suppression activities in the Vineyards project are not yet finalised. However, up to the present moment, the gains are significant if we compare the volume authorised by the environmental agency for the suppression of native vegetation with the volume executed so far; even considering the missing reports. Currently, the reduction is 24.86% compared with the authorised one, the volume of which is 5,984.76 m3.

FOREST REPLACEMENT

Forest replacement is a key offsetting activity for direct and indirect impacts on flora; both associated with the installation and the operation of projects. We seek to adopt the best procedures and techniques to manage the forest replacement and the maintenance of genetic and ecological resources.

In Arcoverde, the compensation for vegetation removal occurs in two different types of vegetation, Atlantic Forest and Caatinga – two of the most diverse and thus important biomes in the country and in the world. In the Atlantic Forest area, 1,112 native tree seedlings were planted, including 15 species that play important ecological functions for that biome. Planting was carried out in a biological reserve, in partnership with the municipality of Bonito, in the state of Pernambuco. This biological reserve protects the watershed that supplies the municipality. In the Caatinga region, 5,555 native tree seedlings were planted in an area of relevant interest for the conservation of the local biome. For both forest areas, plantations will be maintained for four years or until they are able to develop without maintenance.

In Vineyards, the compensation for vegetation suppression will be in the Atlantic Forest typology. The following offsetting programmes are so far planned: allocating 7.78 ha of Atlantic Forest, recomposing 0.88 ha of Permanent Preservation Areas; recomposing 1.31 ha of Legal Reserve Areas (which refer to the area of the rural property that must be covered by natural vegetation).

Accolades and Achievements

Delivered our first project in Brazil—Arcoverde —28 months ahead of schedule

Arcoverde project covers 139 km of transmission lines and three substation to boost Wind Energy power transmission in the Pernambuco region. The elements within the Arcoverde project expand coverage in the Pernambuco outback region, reinforce the system and cover the growing power demand in the region.

Global recognition for safety in the sector

Received the 'Safety in Electricity Award' in Gold category at the Protection Brazil Awards 2019 for the use of drones and other technologies in crossing energised transmission lines.

Solutions

India is home to some of the world’s fastest growing cities. Urbanisation and development are triggering exponential demand for power, resulting in transmission congestion challenges. There is an urgent need to strengthen, upgrade and uprate corridor intensity of ageing transmission infrastructure with imaginative, innovative and cost-effective solutions.

Our custom-built solutions, top of the line technological prowess, engineering expertise, system design and specialised EPC services are clear value differentiators. We are India's first and largest integrated manufacturers of OPGW. Creative problem-solving, strategic investments and industry-leading research and development are inextricably tied to our long-standing commitment to customers. Since inception, we have been answering the questions of today to meet the energy needs of tomorrow. That tradition of out-of-the-box thinking continues, as we strive constantly to refine operations and deliver best-in-class customer service. We are innovating on multiple fronts to build the future of energy and address customer challenges swiftly and efficiently through the unwavering prism of time, space and capital.

MASTER SYSTEM INTEGRATION (MSI)

A full service operation, our MSI business delivers multi-fold increase in throughput, upgrades to existing infrastructure, uprate of overhead conductors and OPGW-based communication systems in the shortest possible time.

Business Model

Capabilities

  • Expertise in power system planning studies and network optimisation
  • End-to-end design expertise; digital tools for substations, conductor, cable systems
  • Zero shutdown (live-line) reconductoring capability
  • Industry leading global partnerships state-of-the-art technical solutions
  • Use of robotics and aerial technology for safe stringing of OPGW and power conductors

Differentiators

  • Engaging deeply with customers to solve challenges of time, space and capital in developing their transmission networks
  • Faster turn-around times for feasibility assessment and for execution engineering
  • Introduced this methodology in the country, allowing line uprates with no disruption in supply through the line
  • Bringing the best and the latest of solutions such as power flow controller, dynamic line rating, tower coating, to utilities in India, for maximising asset utilisation
  • Passionate proponents of innovation, for faster execution and for better safety and quality standards
MSI execution
Flagship Projects

KERALA INTERSTATE CORRIDOR TANSFORMATION

Massive uprate/upgrade exercise to revamp the inter-state transmission network with 15-24 times increase in throughput

GANGA RIVER CROSSING PROJECT – BIHAR

Longest span on 400 kV line with HPC (quad configuration)

BRINGING RELIABLE & QUALITY POWER TO DELHI

Over last few years, Delhi has uprated ~50% of its 220kV network with a view to have a ‘Zero generation scenario’ grid plan and rely on imported power. The city will also now have to gear up for upgrade of its substations and lines on critical corridors. Sterlite Power has partnered with Delhi in this transition with execution of ~80% of the uprate projects.

Comprehensive Range of Solutions

3,500+ ckm

Of uprate and upgrade to existing transmission line (completed or under execution)

90

Critical corridors in 15 states

26,000 km+

OPGW-based communication projects under live-line condition (completed or under execution)

INDIA

This map is a graphical representation designed for general reference purposes only

Transmission Technologies

INTELLIGENT GRID MONITORING CONTROL

Dynamic Line Rating (DLR) and smart valves will enable utilities to assess in real time and control power flows

SKYROBTM
 

Robotics technology to ensure safety of ‘high-risk’ operations, involving installation, inspection and maintenance of OPGW on high-voltage transmission lines

AERIAL TECHNOLOGY
 

Drones for stringing conductors on transmission lines for safety, speed and tough terrains

Industry-leading Diversified Products Portfolio

Overhead Products Business

CONDUCTORS

  • Complete range of power conductors from ACSR to High Performance Conductors (HPC) like composite core, INVAR, ACSS and GAP type
  • Three NABL-accredited manufacturing facilities with production capacity of 1,62,000 MT/year and 12,000 km/year of HPC
  • Supply to 60+ countries
  • First player in India with upstream integration of molten metal for manufacturing conductors
  • Conductor facilities at Rakholi and Piparia scored 97% and 93%, respectively in the Workplace Conditions Assessment audit conducted by Intertek in November 2018

OPTICAL GROUND WIRE (OPGW)

  • India’s only fully integrated manufacturer and solutions provider of OPGW; NABL-accredited manufacturing facility
  • Capacity of 18,000 km/year
  • Planning, application, design engineering and execution capabilities to meet requirements of power systems/utilities for communication, protection and commercial purposes
  • First conductor and OPGW manufacturer in India to obtain a landmark assessment and certification for measurement and reporting of greenhouse gas emissions, as per ISO 14064:2006

Underground Products and Turnkey Business

CABLES & SOLUTIONS

  • State-of-the-art NABL-accredited facility for manufacturing cables
  • Wide product range covering 6.6 kV to 400 kV power cables
  • New products like three core cables, fibre-integrated power cables, high-ampacity, low-loss cables and CCD are in focus
  • Range of 110+ innovative designs to meet industry requirements
  • EHV turnkey projects, include cable laying and substation development
  • Best-in-class manufacturing facility
Convergence
INDIA

Network covers

94

Districts

393

Towns

6,816 km

Of OPGW

Digital connectivity has high correlation with economic growth. A recent report published by the Indian Council for Research on International Economic Relations (ICRIER) found that 'a 10% increase in internet subscribers in India results in a 3.2% increase in the rate of growth of state per capita GDP and a 10% increase in India's mobile internet traffic delivers on an average a 1.6% increase in the national GDP'.

With 5G technology around the corner and IoT devices ready to connect and interact with one another – Machine to Machine (M2M), reliable optical fibre infrastructure is the need of the hour. The omnipresent utilities network located across the length and breadth of the country is poised to address the above need. Fibre network riding on utilities’ existing network can provide unparalleled coverage, along with robust and secured infrastructure.

The National Digital Communication Policy (NDCP) 2018 released by the Government of India outlines the vision of ‘Fibre First Initiative’ to take fibre to homes, enterprises and key development institutions. The policy emphasises how leveraging existing assets of power sector can improve data connectivity. Aligned with the above vision, Convergence business looks at the potential of utilising existing assets of utilities for telecommunication purposes, thereby delivering lasting social impact.

We leverage our transmission infrastructure and other power utilities to roll out a pan-India reliable and efficient OPGW fibre network. This network is far superior compared to the conventional underground counterparts; which faces frequent damages on account of continuous road expansion, utility construction and maintenance and high terrestrial interventions.

We also support cities, which are fast evolving to be ‘smarter’. where urban planners aim to create a citizen-friendly digital ecosystem with critical infrastructure in place. Our smart city fibre solution addresses the communication infrastructure challenges and proposes innovative PPP models. We offer favourable long-term partnership to design, build, finance, operate and maintain an optical fibre network, which can act as the digital backbone for all smart infrastructure in the city.

The aim of the Convergence business is ‘to be the best-in-class communications infrastructure and solutions provider by creating the most reliable network’.

Offerings

Dark fibre solutions

Reliable, Efficient & Scalable

Colocation solutions

Space, 24X7 support & Multiple Power backups

Reliable Intracity Fibre Network through Unique PPP Model

Convergence business provides a win-win partnership for Smart Cities to design, build, finance, operate and maintain fibre infrastructure on a long-term partnership model.

FIRST OF ITS KIND PPP IN INDIA WITH GURUGRAM METROPOLITAN DEVELOPMENT AUTHORITY (GMDA)

Gurugram is one of the first cities where Convergence business has invested and created a world-class optical fibre infrastructure for supporting current and future applications of the city. Sterlite Power has built a network of 133 km in Gurugram and will manage and maintain the network for 21 years.

GMDA: Quick Facts

Achievements

FY 2019-20 has been a transformational year for the Convergence business for more reasons than one. We embarked on a journey to provide end-to-end data network solutions, expanded market presence and acquired new customer segments. The year ended with highest-ever order booking value of `50 Crore (US$ 6.8 Million), with 100% growth from `23 Crore (US$ 3.1 Million) clocked in the previous financial year.