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Sterlite Grid has got a letter of Intent to commission power evacuation infrastructure in Odisha built with a capex of Rs 1,250 crore for local power projects.
Sterlite Technologies Ltd said in a regulatory filing that “Sterlite Grid emerged as the lowest bidder for the power transmission project in Odisha with a levelised annual tariff of Rs 139.79 crore.”
It further said that PFC Consulting Ltd has invited the bids to develop transmission systems for Odisha based power projects named as “For Common Transmission System for Phase-II Generation Projects in Odisha and Immediate Evacuation System for OPGC Project in Odisha.”
“The transmission lines will form part of Interstate transmission network providing additional evacuation up to 5,000 megawatt (MW) of electricity from Odisha based plants that are seeking better access to the power consuming centers,” it said.
