IndiGrid Bags $120 Million Inter-state Power Transmission Project

Last Updated on 03rd January 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.


IndiGrid Bags $120 Million  Inter-state Power Transmission Project


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.


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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.


Read: Power Grid Corporation Secures 20 GW Inter-State Power Transmission Project

About IndiGrid



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.


Read: Global EHV Transmission Market Report


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