TATA POWER CO.LTD. Receives LOI for Acquiring ERES-XXXIX Power Transmission Limited
TATA POWER CO.LTD. has received a Letter of Intent (LOI) from REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, to acquire ERES-XXXIX Power Transmission Limited. The project involves constructing 2 x 1500 MVA, 765/ 400 kV GIS substation at Gopalpur with associated bays at Angul and Gopalpur, ~190 km of 765 kV double circuit transmission line from existing Angul substation of PGCIL to the proposed 765 kV GIS substation at Gopalpur and ~12 km of 400 kV line from upcoming OPTCL substation at Gopalpur to the proposed 765 kV GIS substation at Gopalpur. The project will be developed on a Build-Own-Operate Transfer basis for a period of 35 years from the Scheduled Date of Commercial Operation (SCOD) on 31.12.2027.
Key Highlights
- TATA POWER CO.LTD. received LOI from REC Power Development and Consultancy Limited for acquiring ERES-XXXIX Power Transmission Limited.
- The project involves constructing 2 x 1500 MVA, 765/ 400 kV GIS substation at Gopalpur and associated bays at Angul and Gopalpur.
- The project also includes ~190 km of 765 kV double circuit transmission line from existing Angul substation of PGCIL to the proposed 765 kV GIS substation at Gopalpur and ~12 km of 400 kV line from upcoming OPTCL substation at Gopalpur to the proposed 765 kV GIS substation at Gopalpur.
- The project will be developed on a Build-Own-Operate Transfer basis for a period of 35 years from the Scheduled Date of Commercial Operation (SCOD) on 31.12.2027.
- The annual transmission charges for the project are % 289.729 crore.