Sterlite Power has taken over acquisition the inter-state transmission project, Lakadia-Vadodara Transmission Project, from the nodal agency for the project PFC Consulting, the company said Tuesday.
Sterlite Power won this project through tariff-based competitive bidding process and would execute it under the build, own, operate and maintain model for 35 years in Gujarat.
“The project is aligned to enable the country’s renewable energy target of installing 175 gigawatts by 2022 and connects the wind energy zones of Bhuj in Gujarat to the load centres in the states of Gujarat and Maharashtra,” the company said.
The project involves laying 350 kms of 765 kV double-circuit transmission line connecting 765/400 kV Lakadia substation to Vadodara substation in Gujarat. It will be executed in 18 months.