Sterlite Technologies has bagged a mega transmission project, costing about Rs 800 crore, from the state-run Power Finance Corporation (PFC). The company has been awarded the letter of intent by PFC for its East-North interconnection mega transmission project.
The project, costing nearly Rs 800 crore, was won by the company on the basis of its technical and financial credentials through a tariff based bidding process conducted by PFC. The project has been awarded on a build, own, operate and maintain basis, wherein the transmission lines would be commissioned within three years and the company would operate and maintain the same for a minimum tenure of 22 years thereafter.
The East-North interconnection mega transmission project, which aims to evacuate power from the North-East and Eastern states to the Northern region in the country, is the first mega independent power transmission project to the awarded in
| Company Name | CMP |
|---|---|
| Polycab India | 9279.00 |
| KEI Industries | 5700.00 |
| RR Kabel Ltd. | 2784.40 |
| Precision Wire India | 457.15 |
| Finolex Cables | 1244.35 |
| View more.. | |
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