New Delhi, 02 September, 2024: Sterlite Power, a leading power transmission developer and global products and services provider, has secured Khavda Phase-IV (7GW): Part C project to develop the transmission system for evacuating power from the potential renewable energy zone in the Khavda region. This order win marks Sterlite Power’s second venture into green energy transmission projects in the state of Gujarat and is the company’s fifth green energy evacuation project overall. The 30 GW capacity hybrid (solar and wind) renewable energy park at Khavda, located along the Indo-Pak border, was inaugurated by the Hon’ble Prime Minister of India in December 2020. The Phase-IV transmission scheme aims to evacuate an additional 7 GW of renewable energy from this park with a scheduled COD of 24 months from SPV acquisition.

Sterlite Power announced the acquisition of Khavda IV C Power Transmission Limited, a Special Purpose Vehicle (SPV) from REC Power Development and Consultancy Limited, a wholly-owned subsidiary of REC Limited. This project is a significant milestone in advancing India’s renewable energy infrastructure and aligns with the government’s vision of installing 500 GW of renewable energy capacity by 2030.

The Phase IV, Part C project includes the construction of various major integral components – 1) a 258 km, 765kV transmission corridor connecting South Olpad (GIS) S/s to Boisar-II (GIS) S/s., 2) construction of a 6000 MVA, 765/400/220kV GIS Substation at Boisar-II. 3) construction of two LILO lines, covering approximately 162 km and terminating at Boisar-II, 4) construction of a 21 km, 400kV transmission corridor connecting from Boisar-II (GIS) S/s to Velgaon (GIS) S/s. The project also includes the implementation of STATCOM systems at Boisar-II and Navsari substations.

Commenting on this significant development, Pratik Agarwal, Managing Director, Sterlite Power said, “This project is a vital part of our commitment to reducing the carbon footprint and enhancing the green energy transmission infrastructure in India. Our endeavor is to consistently innovate and build solutions that bolster the country’s green energy ambitions.”

This project will evacuate green power from Gujarat, providing a critical link for power disbursal from the Khavda area to South Olpad, Boisar, and further to the Pune area. The development of this infrastructure will strengthen the energy infrastructure within Maharashtra and meet the energy needs of the state, particularly benefiting the load centers in the Mumbai Metropolitan Region (MMR) and Pune.

REC Power Development and Consultancy Ltd. coordinated the bid process for this project, with major players like Sterlite Power, PGCIL, and Adani Transmission participating in the bid.

About Sterlite Power:

Sterlite Power is a global power transmission infrastructure developer and global products and services provider with footprint in India and Brazil. It has a robust portfolio of 33 (completed, sold and under construction) power transmission projects, covering approximately 15,350 circuit Kms of transmission lines, across both the geographies. With a strong portfolio of high-performance products and solutions, the company exports to over 70 countries. Advancing the carriage toward a green energy-efficient future, Sterlite Power has an increasing focus on integrating renewable energy into the grid. It is also the first transmission player to launch InvIT in the power sector, listed on the BSE Limited and the National Stock Exchange of India Limited. The company has been recognized as the ‘Power Transmission Company of the Year’ at The Economic Times Energy Leadership Summit 2023 and is a recipient of international awards from S&P Platts as well as International Project Management Association (IPMA). For more details, please visit https://www.sterlitepower.com/

Media Contact:

Sterlite Power: media@sterlite.com