Sterlite Power has achieved financial closure for its Beawar Transmission Limited (BTL) project.
The project has secured funds totaling Rs 24 billion from REC Power Development and Consultancy Limited. Sterlite Power acquired the BTL SPV in September 2023 to execute the inter-state green energy transmission project on build, own, operate, transfer basis, for a period of 35 years. The project involves construction of a 350 km, 765 kV transmission corridor that will connect the renewable energy zone at Fatehgarh III to a proposed substation at Beawar. The project will also include construction of 3000 MVA 765/400 kV substation at Beawar and two line in line out (LILO)lines covering approximately 120 km.
