Sterlite Power secures Rs 1,373 crore funding for Neemrana II Kotputli transmission project
Sterlite Power announced the successful funding of Rs 1,373 crore for its Neemrana II Kotputli Transmission Limited project from Power Finance Corporation. Sterlite Power aims to build a green energy corridor. Acquired in November 2023, the projec...
In a statement, the company said it "has achieved financial closure for its Neemrana II Kotputli Transmission Limited (NKTL) project. The project has secured funds totalling Rs 1,373 crore from Power Finance Corporation (PFC)."
This network will establish vital interconnections, linking the Neemrana substation to the existing Kotputli substation, while also facilitating a LILO (Line-In Line-Out) that will integrate the Neemrana II substation with the Gurugram and Sohna substations through the existing Gurugram-Sohna line.
Sterlite Power is a leading private sector power transmission infrastructure developer and Global Products and Services (GPS) provider.
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