Sterlite Power announced commissioning of its sixth transmission project in Brazil built with an investment of Rs 1,600 crore. The project, Marituba, involved developing a 344-km 500kV transmission corridor connecting Brazil’s largest hydropower plant at Tucuru to the metropolitan region of Belm to deliver up to 1000 MW of green energy, a company statement said. Since its foray in Brazil in 2017, Sterlite Power has built a significant footprint in the country, acquiring 13 projects through greenfield global auction process. Currently, the company has a strong portfolio of eight power transmission projects, of which it has developed six, spanning approximately 2000 km of transmission lines and 22 substations.
Pratik Agarwal, Managing Director, Sterlite Power, said, “Over the past six years, we have made a noteworthy contribution to the Brazilian energy market by securing and delivering critical transmission projects. We will continue to make a meaningful impact on the lives of people in Brazil by ensuring delivery of quality transmission assets in record time.” The Marituba project is fully integrated with the National Interconnected System (SIN) – the Brazilian National Grid. Located in the Amazon region, it is the largest power transmission project executed by Sterlite Power Brazil. It has traversed 15 cities and 27 Quilombola Afro-Brazilian communities and has created more than 2000 jobs in the region, positively impacting the Brazilian economy and its people.
Amitabh Prasad, CEO, Sterlite Power Brazil, said, “We are very pleased to commission the Marituba project. The project presented us with invaluable opportunities for acquiring knowledge, primarily owing to the remarkable intricacies of the installation process involving towers and transmission lines within the challenging operational environment.”