Sterlite Power secures Rs 1,373 crore funding for Neemrana II Kotputli transmission project
31 May 2024
Sterlite Power announced the successful funding of Rs 1,373 crore for its Neemrana II Kotputli Transmission Limited project from Power Finance Corporation. Sterlite Power aims to build a green energy corridor. Acquired in November 2023, the project will operate on a BOOT basis for 35 years. This initiative will interconnect the Neemrana and Kotputli substations and facilitate a LILO to integrate the Neemrana II substations with Gurugram and Sohna substations.
Sterlite Power announced the successful funding of Rs 1,373 crore for its Neemrana II Kotputli Transmission Limited project from Power Finance Corporation. Sterlite Power aims to build a green energy corridor. Acquired in November 2023, the project will operate on a BOOT basis for 35 years. This initiative will interconnect the Neemrana and Kotputli substations and facilitate a LILO to integrate the Neemrana II substations with Gurugram and Sohna substations.
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