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Adani Transmission receives LoI for transmission project in U.P.

Capital Market 

From PFC Consulting

Transmission has received the LOI from (a wholly owned subsidiary of PFC Corporation) to build, own, operate and maintain the transmission project in the state of The project Obra-has approximately 625 ckt kms of line at voltage levels of 765 kV and 400 kV. This project is primarily being constructed to establish Transmission System for Evacuation of Power from 2X660MW Obra-C Thermal Power Project with associated transmission lines.

This project has been awarded to through Tariff Based Competitive Bidding Process.

With this win, the of will reach around 13,548 ckt kms, out of which approximately 9,350 ckt kms are under operation and distribution network of ~ 3 Mn customer. This is the second win for in the state of and will help the Company reinforce its position as a pan player and is also expected to bring in the benefits of economies of scale to the business in

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 03 2018. 11:39 IST