Deals9 Feb 2025, 03:30 pm
Hitachi Energy India & BHEL Receive LOI for 6000 MW HVDC Link from Rajasthan Part Power Transmission Ltd
AI Summary
Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) have received a Letter of Intent (LOI) from Rajasthan Part Power Transmission Limited to design and execute a High Voltage Direct Current (HVDC) link. This link will transmit renewable energy from Bhadla Ill (Rajasthan) and Fatehpur (Uttar Pradesh) to associated AC substations. The LOI is issued by a domestic entity and the establishment of the HVDC LCC terminal station is expected to be over a period of multiple years.
Key Highlights
- Hitachi Energy India Ltd and BHEL receive LOI from Rajasthan Part Power Transmission Limited for HVDC link.
- The HVDC link will transmit renewable energy from Bhadla Ill (Rajasthan) and Fatehpur (Uttar Pradesh) to associated AC substations.
- The LOI is issued by a domestic entity.
- The establishment of the HVDC LCC terminal station is expected to be over a period of multiple years.
- No related party transactions involved.