Deals2 Dec 2023, 03:23 am
Tata Power acquires Bikaner-Neemrana Transmission Project to boost Renewable Energy evacuation in India
AI Summary
Tata Power has acquired the Bikaner-Neemrana Transmission Project to boost renewable energy evacuation in India. The project will be developed on a Build-Own-Operate-Transfer basis for 35 years. The estimated project cost is ~1,544 crore and annual transmission charges will be ~162.659 crore for 35 years.,
Key Highlights
- Acquisition of Bikaner-Neemrana Transmission Project
- Boost to renewable energy evacuation in India
- Build-Own-Operate-Transfer basis for 35 years
- Estimated project cost of ~1,544 crore
- Annual transmission charges of ~162.659 crore for 35 years