New Delhi: Reliance Power Transmission Limited, a subsidiary of Reliance Infrastructure, is believed to have bagged two transmission projects worth Rs 4,100 crore connecting six states.
"Reliance Power Transmission Limited (RPTL) has emerged
as the winner for two independent transmission projects
(ITPs)," a Rural Electrification Corporation (REC) official
said. State-run REC is the nodal agency for these ITPs.
RTPL North Karanpura Transmission project is worth
around Rs 2,700 crore, while Talcher-II is of Rs 1,400 crore.
The 1,045-km-long North Karanpura transmission line will
be implemented in 30-42 months. It will serve Madhya Pradesh,
Chhattisgarh, Uttar Pradesh and Haryana.
The Talcher-II is 592-km long and will be implemented in
30 months. It will cater to Orissa and Andhra Pradesh.
Meanwhile, Sterlite Technologies has been declared winner
for the first independent transmission project, the East-North
Interconnection project, for which the nodal agency is PFC
Consulting, the wholly-owned subsidiary of state-run Power
Finance Corporation.
The Rs 950-crore East-North interconnection is 950-km
long and will be implemented in 36 months (from the date of
issuance of letter of intent) covering Assam, West Bengal and
Bihar.
These independent transmission projects are likely to end
the monopoly of central transmission utility, PowerGrid
Corporation.
PFC Consulting has constituted two entities -- Jabalpur
Transmission Company and Bhopal Dhule Transmission Company --
to set up the independent transmission projects.
The transmission lines would serve Dharmajaygarh-Bhopal-
Dhule-Jabalpur-Bina network, a source close to the development
said, adding that PFC Consulting should be able to come out
with a request for qualification for the transmission projects
before March 2010.
The two special purpose vehicles or SPVs would execute
the projects.
PFC Consulting is hopeful of securing more such
assignments in the near future, once the states show their
willingness to set up intra-state transmission links.
PTI
First Published: Sunday, December 27, 2009, 14:48