26 July 2024
Gujarat's 400kV Banaskantha, Kansari, and Vadavi transmission line has now been operational for four months ahead of schedule thanks to Sterlite Power's Mumbai Urja Marg Transmission Limited (MUML).
From the pooling station in Bhuj in northern Gujarat to the national grid, approximately 1,000 MW of renewable energy will be transported with the use of the high voltage transmission line. According to a statement from Sterlite Electricity, it will increase the state's available power transmission capacity dramatically, increasing it from 9300 MW to 11200 MW.
The MUML SPV was purchased by Sterlite Power in June 2020 to carry out this significant interstate transmission system project. Power Finance Corporation is responsible for all 2,070 crore of the project's debt financing.
