New Delhi: Sterlite Power Friday said it has signed an agreement for Pampa transmission project in Rio Grande do Sul, Brazil, entailing an investment of Rs 1,394.79 crore.
“The agreement is for batch 13, won at energy transmission auction held by ANEEL ( Brazilian Electricity Regulatory Agency),” Sterlite Power said in a statement.
Completion of the project is expected in March 2023, and signing of the pact represents an important milestone in the company’s evolution, it added.
