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IndiGrid bags first greenfield transmission project

Thursday, 02 Dec 2021
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IndiGrid, India’s first power sector InvIT, has received the letter of intent (LoI) from REC Power Development and Consultancy (REC) to establish a transmission system for evacuation of power from renewable energy projects in Osmanabad area in Maharashtra.  
This project is envisaged on build, own, operate and maintain (BOOM) basis for a period of 35 years through tariff-based competitive bidding (TBCB). 
The project, with a planned outlay of approximately Rs 1,700 million, will consist of one substation of two x 500 MVA, 400/220 kV near Kallam and 10 bays with a LILO multi circuit line of approximately 18 km.  
The project will strengthen the transmission system in Maharashtra by improving the grid availability for evacuation and integration of renewable energy in the state.  
The project is situated in a low-risk plain topography and proposed to be completed over the next 15-18 months.
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