Last Updated on 25th June 2024
Infrastructure investment trust IndiGrid has secured two inter-state transmission projects with an expected capital expenditure of USD 120 million. The company received letters of intent from REC Power Development and Consultancy Limited. IndiGrid secured the projects through tariff-based competitive bidding and will develop them on a BOOT (build, operate, and transfer) basis for over 35 years.
The first project aims to evacuate power from the Dhule 2 GW renewable energy zone. It involves establishing a 400/200 kV pooling station with a 4x500 MVA capacity, including a 400 kV D/C line extending approximately 70 km.
The second project entails constructing two substations in Madhya Pradesh. One substation will have a capacity of 2x1500 MVA, while the second one will have a capacity of 2x500 MVA. The project also includes developing a LILO single-circuit 765 kV D/C line covering about 18 km.
The strategic placement of these substations enables integration with the 630 MW NTPC Barethi Solar Plant and facilitates the supply of electricity to the proposed green hydrogen plant in Chhatarpur, Madhya Pradesh. Harsh Shah, CEO of IndiGrid, stated that greenfield projects like these provide an opportunity to drive growth, ensuring quality and reliability.
IndiGrid (India Grid Trust) is a prominent player in the Indian power sector, holding the distinction of being the first and largest infrastructure investment trust (InvIT) specifically focused on power transmission assets. Established in 2016 and registered with SEBI, IndiGrid plays a crucial role in delivering reliable power across the country through its ownership, operation, and management of key infrastructure.
IndiGrid boasts a portfolio of around 49 circuit kilometers of power transmission lines and 13 substations, spread across 17 states and 1 Union Territory in India. They also hold investments in renewable energy assets, such as solar projects.
Are you looking for a platform that gives you reliable, high-quality, and timely project insights for Overhead Power Transmission Line Projects in India?
Get information about upcoming and ongoing Overhead Power Transmission Line Projects with Blackridge Research & Consulting.
The Global Project Tracking (GPT) platform by Blackridge Research is designed to provide you with the most recent Overhead Power Transmission Line Projects in USA better and faster across various stages of development:
The user-friendly interface helps you obtain early-stage awareness of projects and find the right business opportunity quickly.
Each project will have all the essential details, such as scope, capacity, CapEx, status, project description, companies involved, funding information, location, periodic updates, important event dates like construction start date, commissioning dates, and key contact information of project owners and stakeholders.
The database is a vital resource for a wide range of entities, including Power Companies, Engineering, Procurement, and Construction (EPC) Contractors, Operation and Maintenance (O&M) Companies, Electrical Cable Companies, Electrical Component Suppliers, Electrical Engineers, Electrical Subcontractors, Financial Institutions, Investors, Credit Agencies, Regulatory Bodies and Government Authorities, Local Contractors and Service Providers, Insurance and Risk Management Firms.
Book a Free demo to learn more about the India Overhead Power Transmission Line Projects database and how we can help you achieve your goals.