Sterlite Power has been awarded the Nangalbibra─Bongaigaon inter-state power transmission project worth INR 324 Cr* through tariff-based competitive bidding (TBCB) by virtue of emerging as the L1 bidder..
Sterlite Power, which is one of the leading private sector power transmission infrastructure developers and solutions providers, had filed its DRHP in August this year.
The project elements consist of a new 220/132 kV substation at Nangalbibra and laying of ~130 km of 400kV D/c transmission line connecting Bongaigaon in Assam to Nangalbibra in Meghalaya across the river Brahmaputra. The project will also have ~20 km of 132kV D/c line connecting Hatsinghmari in Assam to Ampati in Meghalaya.
Sterlite Power has a track record of executing complex projects successfully with the use of technology and innovative solutions. The company has completed the NER-II project, an inter-state transmission scheme spanning across the north-eastern states of Assam, Arunachal Pradesh, and Tripura. It will also leverage its prior experience in implementing river-crossing solutions across the Ganges to address the challenge of long span river crossing across the Brahmaputra River.
With this project win, Sterlite Power now has a portfolio of 26 projects across India and Brazil, which includes projects under various stages of development and those that have been sold. The company is focused on integrating renewable energy sources to the transmission grids.