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Sterlite Technologies gets LoI from PFC

Monday, 22 Feb 2010
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Sterlite Technologies has received the LoI from PFC for its East-North interconnection mega transmission project.

The project aims to evacuate power from the North-East and Eastern states to the Northern region of India. The project involves establishment of two 400 kV double circuit transmission lines that will respectively connect the Indian states of Assam with West Bengal and Bihar.

The Rs 800-crore project has been awarded to Sterlite Technologies on a build, own, operate and maintain basis, wherein the transmission lines are to be commissioned within three years and the company will operate and maintain the same for a minimum tenure of 22 years thereafter.

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