Resonia Acquires 100 Percent Stake in Balsane Power Transmission

Resonia, a power transmission infrastructure company, recently acquired 100 percent stake in Balsane Power Transmission (BPTL) capacity, a Special Purpose Vehicle (SPV), for an intra-state transmission project in Maharashtra with 3 GW of power evacuation. Spanning approximately 210 km across Dhule and Nashik districts, the project will strengthen power transfer within the state and support the integration of additional generation capacity into Maharashtra’s transmission network.

The project, awarded by the Maharashtra State Transmission Utility (STU), with REC Power Development and Consultancy (RECPDCL) as the bid process coordinator, includes the establishment of a 765/400/220 kV AIS substation at Balsane in Dhule, equipped with 2 x 1,500 MVA 765/400 kV ICTs and 4 x 500 MVA 400/220 kV ICTs. The transmission network will connect Balsane with key nodes across Maharashtra through a combination of 765 kV, 400 kV and 220 kV transmission lines, including the proposed Malegaon Substation and the existing Shivajinagar and Vikharan substations.

Commenting on the development, Prashant Sinha, CEO, Resonia, said, “Maharashtra’s expanding power requirements and growing renewable energy capacity call for a transmission network that can support reliable and efficient power flows across the state. The Balsane project adds 3 GW of evacuation capacity and strengthens the transmission backbone between Dhule and Malegaon. Creation of 765 kV network will strengthen the inter-connection of ISTS and InSTS network, enhance Power Transmission Capacity and address the existing transmission system. Resonia has established a strong track record in developing and executing inter-state transmission projects across India and the Balsane project marks an important milestone as our first intra-state transmission project in Maharashtra. The project also demonstrates Resonia’s focus on delivering critical grid infrastructure with scale, reliability and technology-led execution.”