Bhopal-Dhule Transmission
Company Ltd and Jabalpur
Transmission Company Ltd, both
wholly-owned subsidiaries of Sterlite
Technologies Ltd, have received
Rs.2,200 crore as debt syndication for
their power transmission projects. The
syndication has State Bank of India as
the lead participant, a statement by
Sterlite said.
Sterlite has already placed most of the
project related orders on various local
and global vendors for its lines and
substations. It plans to close all pending
orders shortly.
These 765kV projects are a part of the
"System Strengthening Common for
Western & Northern Region." The JTCL
project would connect Dharamjaygarh-
Jabalpur- Bina and features India's first
private sector developed double circuit
Line. The BDTCL project includes single
circuit Lines from Vadodara-Dhule-
Aurangabad and Indore-Bhopal-
Jabalpur, along with two 765kV
substations at Dhule and Bhopal.
Sterlite has a portfolio of three
projects estimated at a value of about
Rs.4,000 crore. These projects would
evacuate and transmit power through a
network of 2,200 km of transmission
lines and two substations, across the
states of Maharashtra, Gujarat, Madhya
Pradesh, Chhattisgarh, West Bengal,
Bihar and Assam.
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