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Apraava Energy Secures ISTS Project in Andhra Pradesh to Evacuate 3 GW of Renewable Energy
Apraava Energy has acquired the SPV for an interstate transmission project in Andhra Pradesh that will enable the evacuation of around 3 GW of renewable energy from the Ananthapur region.
August 04, 2026. By Mrinmoy Dey
Apraava Energy has announced that it has acquired the Special Purpose Vehicle (SPV), Ananthpuram Transmission, for developing an interstate transmission project in Ananthapur, Andhra Pradesh.
The project was awarded through the Government of India's Tariff-Based Competitive Bidding (TBCB) process. It involves the setting up of approximately 250 circuit kilometres (ckm) of 765 kV transmission lines, along with a 4,500 MVA (3x1500 MVA) 765 kV pooling station, including the installation of a ±300 MVAR Static Synchronous Compensator (STATCOM), stated the company.
It further added that the project will strengthen the interstate transmission infrastructure in the state of Andhra Pradesh by facilitating the integration and evacuation of about 3 GW of renewable energy from Ananthapur region.
Commenting on the win, Rajiv Ranjan Mishra, Managing Director, Apraava Energy, said, “Apraava is pleased to expand its transmission footprint in Andhra Pradesh. The state’s strong development trajectory, progressive approach to clean energy, and immense renewable energy potential make it an important part of India’s energy transition. We are particularly excited to mark this as our first investment in Andhra Pradesh and look forward to exploring more opportunities to invest in the state.”
He further added, “A strong and resilient transmission network is fundamental to unlocking this potential and strengthening India’s long-term energy security. At Apraava Energy, we are proud to partner in this national endeavour by developing high-quality transmission assets that strengthen the grid, enable renewable energy integration, and support India's sustainable growth.”
Developed under the Build, Own, Operate and Transfer (BOOT) model, the asset will provide transmission services for a concession period of 35 years following commissioning. The completion timeline is set at 36 months from the date of signing of the Transmission Service Agreement (TSA). It is also expected to generate significant direct and indirect employment opportunities during the construction and operational phases.
Apraava currently operates three transmission assets comprising approximately 1,000 ckm of transmission lines and 3,500 MVA of substation capacity. With the addition of Ananthpuram Transmission Limited, Apraava now has four greenfield transmission projects under construction, adding about 1,180 ckm of transmission lines and about 13,500 MVA of substation capacity, stated the company.
The project was awarded through the Government of India's Tariff-Based Competitive Bidding (TBCB) process. It involves the setting up of approximately 250 circuit kilometres (ckm) of 765 kV transmission lines, along with a 4,500 MVA (3x1500 MVA) 765 kV pooling station, including the installation of a ±300 MVAR Static Synchronous Compensator (STATCOM), stated the company.
It further added that the project will strengthen the interstate transmission infrastructure in the state of Andhra Pradesh by facilitating the integration and evacuation of about 3 GW of renewable energy from Ananthapur region.
Commenting on the win, Rajiv Ranjan Mishra, Managing Director, Apraava Energy, said, “Apraava is pleased to expand its transmission footprint in Andhra Pradesh. The state’s strong development trajectory, progressive approach to clean energy, and immense renewable energy potential make it an important part of India’s energy transition. We are particularly excited to mark this as our first investment in Andhra Pradesh and look forward to exploring more opportunities to invest in the state.”
He further added, “A strong and resilient transmission network is fundamental to unlocking this potential and strengthening India’s long-term energy security. At Apraava Energy, we are proud to partner in this national endeavour by developing high-quality transmission assets that strengthen the grid, enable renewable energy integration, and support India's sustainable growth.”
Developed under the Build, Own, Operate and Transfer (BOOT) model, the asset will provide transmission services for a concession period of 35 years following commissioning. The completion timeline is set at 36 months from the date of signing of the Transmission Service Agreement (TSA). It is also expected to generate significant direct and indirect employment opportunities during the construction and operational phases.
Apraava currently operates three transmission assets comprising approximately 1,000 ckm of transmission lines and 3,500 MVA of substation capacity. With the addition of Ananthpuram Transmission Limited, Apraava now has four greenfield transmission projects under construction, adding about 1,180 ckm of transmission lines and about 13,500 MVA of substation capacity, stated the company.
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