Apraava Energy, an integrated energy solutions provider has secured an interstate transmission project in Rajasthan through the government's Tariff-based Competitive Bidding (TBCB) process. The project involves setting up of 200 km of 4 kV and 765 kV transmission lines, along with a 765/400 kV, 4x1500 and 400/220 kV, 5x500 MVA pooling station. Being a part of the interstate green energy corridor, the project will play a pivotal role in facilitating the evacuation of 5.5 GW of renewable power from Rajasthan's Renewable Energy Zone Phase VI, covering the Jaisalmer and Barmer regions.
REC Power Development and Consultancy Ltd., recently handed over the project-specific Special Purpose Vehicle (SPV) to Apraava. As part of the Transmission Service Agreement (TSA), the project will be eveloped by Apraava under the BOOT (Build, Own, Operate, and Transfer) model, providing transmission services for a period of 35 years once operational. The project is expected to create over 1000 direct and indirect jobs during its two-year construction phase.
Naveen Munjal, Director – Business Development & Commercial, Apraava Energy, said, "Apraava is dedicated to building a strong low-carbon portfolio, with power transmission being a key focus in achieving this goal. This project will significantly boost the region's transmission capacity while supporting India's renewable energy ambitions. It not only aims to strengthen the power transmission infrastructure but also to create meaningful employment opportunities in the region."
Apraava operates three wind energy projects in the state with a total capacity of over 250 MW in addition to three solar energy projects adding to 600 MW which are due to go in construction shortly. The company currently operates two power transmission assets spanning 494 km, one in Madhya Pradesh and the other spanning three states namely, Assam, Nagaland, and Manipur. In 2023, the Apraava secured two greenfield interstate transmission projects in Rajasthan, involving 250 km of 400 kV double-circuit transmission lines and a 2,500 MVA pooling substation which are under construction. Earlier this year, it also added another greenfield transmission project in Madhya Pradesh, which includes 40 km of 765 kV double-circuit transmission lines and a 3,000 MVA substation.