Apraava Energy’s greenfield power transmission debut
Apraava Energy has won its first two of greenfield power transmission development projects.
Image for illustration purposes.
India, Jaipur: Apraava Energy has won its first two of greenfield power transmission development projects.
Apraava Energy (formerly CLP India) said that it has been awarded two interstate transmission projects in Rajasthan under the tariff-based competitive bidding (TBCB) route.
The two projects SPVs are Fatehgarh III Transmission Ltd, whose project scope involves the development of approx. 230 km of 400 kV double-circuit line from Fatehgarh-3 to Bhadla-3 and Fatehgarh IV Transmission Ltd, whose project scope involves the development of 5×500 MVA Fatehgarh-4 pooling station and approx. 22 km of 400 kV double-circuit line from Fatehgarh-4 to Fatehgarh-3.
The projects are part of the scheme developed for the evacuation of 20 GW power from Renewable Energy Zones (REZs) in Rajasthan under Phase 3.
Commenting on the successful bids, Rajiv Ranjan Mishra, Managing Director, Apraava Energy, said, “These two wins will further enhance our capabilities in the transmission business and help accelerate our growth strategy. As India witnesses an increasing share of renewable energy, the need for a robust transmission network to evacuate this power is also growing and we are well placed to contribute to this need. Apraava will work closely with stakeholders in Rajasthan and the Central Transmission Utility (CTU) to successfully build the networks and contribute to India’s green goals.”
Apraava Energy will be responsible for the ownership, financing, development, design, engineering, procurement, construction, commissioning, operation and maintenance of the project, and to provide transmission services for a period of 35 years.
The construction timelines for both the projects are 18 months.
According to Naveen Munjal, Director – Business Development & Commercial, Apraava Energy, “We are geared to put our energy in action and play an active role in building robust transmission networks that will enable transmission of electricity to every corner of the country. These two projects will bring economic opportunities to the region and help create more jobs. We will leverage our years of experience in operating three wind farms in Jaisalmer Region in successfully setting up these greenfield transmission projects in the state.”
Source: T&D India
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