10 July 2024
In a significant development, Sterlite Power, a prominent player in the power transmission
sector, has successfully sealed the financial deal for its Neemrana II Kotputli Transmission
Limited (NKTL) project. Securing a substantial sum of INR 1373 crore from Power Finance
Corporation (PFC), a distinguished Maharatna Public Sector Enterprise, marks a pivotal
milestone for the venture.
The acquisition of the Neemrana II Kotputli Transmission Limited SPV by Sterlite Power in
November 2023 paved the way for executing the green energy corridor project. Operating
on a Build, Own, Operate, and Transfer (BOOT) basis for a tenure of 35 years, the project
comprises two critical components. These include the development of a cutting-edge 6000
MVA, 765/400kV substation in Neemrana and a 400 kV transmission line network spanning
approximately 250 kilometers. This network is poised to establish vital interconnections,
linking the Neemrana substation to the existing Kotputli substation, while also facilitating
seamless integration with the Gurgaon and Sohna substations through the existing
Gurgaon-Sohna line via a LILO (Line-In Line-Out) arrangement.
In a significant development, Sterlite Power, a prominent player in the power transmission
sector, has successfully sealed the financial deal for its Neemrana II Kotputli Transmission
Limited (NKTL) project. Securing a substantial sum of INR 1373 crore from Power Finance
Corporation (PFC), a distinguished Maharatna Public Sector Enterprise, marks a pivotal
milestone for the venture.
The acquisition of the Neemrana II Kotputli Transmission Limited SPV by Sterlite Power in
November 2023 paved the way for executing the green energy corridor project. Operating
on a Build, Own, Operate, and Transfer (BOOT) basis for a tenure of 35 years, the project
comprises two critical components. These include the development of a cutting-edge 6000
MVA, 765/400kV substation in Neemrana and a 400 kV transmission line network spanning
approximately 250 kilometers. This network is poised to establish vital interconnections,
linking the Neemrana substation to the existing Kotputli substation, while also facilitating
seamless integration with the Gurgaon and Sohna substations through the existing
Gurgaon-Sohna line via a LILO (Line-In Line-Out) arrangement.
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