Sterlite Technologies updates on subsidiary

Sterlite Power Grid commissions first 765 kV transmission project in private sector

Sterlite Technologies announced that its subsidiary, Sterlite Power Grid Ventures completed commissioning of all eight elements of Bhopal Dhule Transmission project. The project implemented by the special purpose vehicle Bhopal Dhule Transmission Company (BDTCL) involves six transmission lines of about 1,000 Circuit Kilometres and the two 2x1500 MVA substations at Dhule and Bhopal.

Sterlite Grid is the first private developer to commission 765 kV project in India under the 'Build, Own, Operate and Maintain' model. The project traversing through the states of Madhya Pradesh, Maharashtra and Gujarat will attract annual tariff of close to Rs 250 crore. The fully commissioned project will contribute significantly to the cash flow of Sterlite Grid that will operate and maintain this project for 35 years. The project will benefit close to a million households in these states.

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