Apraava Energy Private Limited has secured two interstate transmission projects in Rajasthan.
PFC Consulting Limited has transferred special purpose vehicles – Fatehgarh lII Transmission Limited and Fatehgarh IV Transmission Limited, established for the development of “Transmission System for Evacuation of Power from REZ in Rajasthan (20GW) under Phase-III Part A3” and “Transmission System for Evacuation of Power from REZ in Rajasthan (20GW) under PhaseIII Part A 1” respectively to Apraava Energy. The projects have been won under tariff-based competitive bidding process and will be constructed on build, own, operate and transfer model. The commissioning timeline for both the projects is scheduled to be 18 months. These are the first greenfield transmission projects to be undertaken by Apraava Energy.