Sterlite Power bags power transmission project in Brazil

  • Industry News
  • Dec 24,18
An investment of nearly $0.6 bn will be required for the project, which will include 6 substations.
Sterlite Power bags power transmission project in Brazil

Delhi, 24th December, 2018: Sterlite Power has won a transmission project in the recently concluded auction for transmission projects in Brazil. The project, which includes 6 substations, will require an investment of $0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, in the southern region of Brazil. This addition increases the portfolio of Sterlite Power to 10 projects.
 
Talking about Brazil and the company’s investment in the region, Pratik Agarwal, Group CEO, Sterlite Power said, “We feel proud and honoured to be part of the Brazilian growth story. Our motivation to work on the toughest transmission projects that empower humanity has been the cornerstone of our journey in Brazil. We feel committed to the region and look forward to delivering the new project ahead of schedule.”
 
Rui Chammas, CEO, Sterlite Power Brazil said, “We are happy to have won this project in the current auction. I must congratulate ANEEL for providing a visible pipeline of projects and for the transparent way of conducting these auctions. Sterlite Power is committed to delivering these projects ahead of schedule by leveraging a network of partners and a top-class local team.”
 
Brazil's transmission system needs to add significant capacity to manage the transition in generation footprint: from a hydro and thermal baseload to renewable generation.

Related Stories

Electrical & Electronics
India to invest over Rs 9 trillion in power transmission by 2032

India to invest over Rs 9 trillion in power transmission by 2032

Inter-regional transmission capacity is expected to rise from the current 119 GW to 143 GW by 2026-27 and further to 168 GW by 2031-32

Read more
Electrical & Electronics
The wire & cable sector sees growth driven by increased funding: Reshu Madan

The wire & cable sector sees growth driven by increased funding: Reshu Madan

India's wire and cable sector is distinguished by its rapid adaptation to high-performance requirements in response to the country’s expanding infrastructure needs. The market's growth is being pr..

Read more
Electrical & Electronics
RECPDCL hands over Rajasthan-IV H-1 Power Transmission  to PGCIL

RECPDCL hands over Rajasthan-IV H-1 Power Transmission to PGCIL

The project covers establishment of 765/400 kV (2x1500 MVA), 400/220 kV (2x500 MVA) & 220/132 kV (3x200 MVA) Kurawar sub-station with 2x330 MVAR, 765 kV Bus Reactor and 1x125 MVAR, 420 kV Bus Reacto..

Read more

Related Products

Kusam-Meco Ultrasonic Thickness Gauge - Model - Km 131d

Electric Power Generation and Related Equipment

KUSAM-MECO” has introduced a new Ultrasonic  Thickness  Gauge  Model KM -131D.

Read more

Request a Quote

Kusam-meco Thermal Imaging Camera

Electric Power Generation and Related Equipment

Kusam Electrical Industries Ltd offers a wide range of Kusam-Meco” Thermal Imaging Camera - Model TG-305


Read more

Request a Quote

Kusam-meco Industrial Infrared Thermometer

Electric Power Generation and Related Equipment

KUSAM-MECO has introduced a low cost low range Infrared Thermometer model IRL-180. It is suitable for both industrial & Human Body Temperature measurement. It is suitable for use in places wher Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016