Adani Transmission (ATL) has received the Letter of Intent (LOI) from REC Transmission Projects Company (RECTPCL) to build, own, operate and maintain a transmission project in the state of Gujarat for a period of 35 years.
The project, ‘Lakadia Banaskantha Transco,’ will comprise approximately 360 ckt kms of 765 kV D/C line along with 765 kV bays at Lakadia and Banaskantha Substations in Gujarat. This project is primarily being constructed to establish Transmission System associated with Long Term Applications from Gujarat’s Wind and Solar Energy Zone in Radhanesda. The transmission line to be constructed in this project shall be used to evacuate power to Lakadia Pooling station.
The project has been awarded to Adani Transmission through Tariff Based Competitive Bidding Process.
Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
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