Apraava Energy Gets Two Green Energy Interstate Transmission Projects in Rajasthan

Apraava Energy has been awarded two interstate transmission projects in Rajasthan under the GoI’s tariff based competitive bidding process. In line with the Transmission Service Agreement executed by the SPVs, the projects will be developed by Apraava under BOOT (build, own, operate and transfer) model.

The projects are part of the scheme developed for the evacuation of 20 GW power from Renewable Energy Zones (REZs) in Rajasthan under Phase 3. These are Apraava’s first greenfield transmission projects.

Commenting on the successful bids, Rajiv Ranjan Mishra, Managing Director, Apraava Energy, said, "These two wins will further enhance our capabilities in the transmission business and help accelerate our growth strategy. As India witnesses an increasing share of renewable energy, the need for a robust transmission network to evacuate this power is also growing and we are well placed to contribute to this need. Apraava will work closely with stakeholders in Rajasthan and the Central Transmission Utility (CTU) to successfully build the networks and contribute to India's green goals."

Naveen Munjal, Director – Business Development & Commercial, Apraava Energy, added, "We are geared to put our energy in action and play an active role in building robust transmission networks that will enable transmission of electricity to every corner of the country. These two projects will bring economic opportunities to the region and help create more jobs. We will leverage our years of experience in operating three wind farms namely Bhakrani (102.4 MW), Tejuva (100.8 MW), and Sipla (50.4 MW) in Jaisalmer Region in successfully setting up these greenfield transmission projects in the state."

Apraava Energy will be responsible for the ownership, financing, development, design, engineering, procurement, construction, commissioning, operation and maintenance of the project, and to provide transmission services for a period of 35 years.

At the end of the 35 years, the project will be transferred to the Central Transmission Utility (CTU). The construction timelines for both the projects are 18 months.