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Adani Transmission receives LoI for transmission project in Uttar Pradesh

Adani Transmission has received letter of intent (LoI), for intra state transmission project in Uttar Pradesh.

The LoI to build, own, operate and maintain the transmission project in Uttar Pradesh, is from REC Transmission Projects Company, a wholly owned subsidiary of Rural Electrification Corporation.

This project has been awarded via a tariff based competitive bidding process and the project is basically to establish transmission system for evacuation of power, from 3X660MW Ghatampur thermal power project. Further, the project Ghatampur Transmission has approx 900 ckt kms of line at voltage levels of 765 KV and 400 KV.

Read EquityPandit’s Technical Analysis of Nifty Energy

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