NEW DELHI: Sterlite Power on Thursday said it has acquired Neemrana II Kotputli Transmission in Rajasthan from PFC Consulting. The project, a special purpose vehicle, was awarded to Sterlite Power through the Tariff-Based Competitive Bidding (TBCB) process in November 2023, the company said in a statement.
Through Neemrana II Kotputli Transmission Ltd, the company will build this green energy project on a BOOT (Build, Own, Operate, Transfer) basis, for a period of 35 years.
