Sterlite Power has received the Letter of Intent (LoI) from Power Finance Corporation Consulting Ltd to build, own, operate and maintain a critical transmission project in Jammu & Kashmir (J&K) for a period of 35 years. The project has been awarded to Sterlite Power through Tariff Based Competitive Bidding Process (TBCB). The project based in Jammu & Kashmir comprise a 400/132kV GIS substation at Kishtwar and 400 KV LILO (Line in Line out) of approximately 10 route kilometres of Kishenpur – Dulhasti transmission line at Kishtwar substation. Pratik Agarwal, Managing Director, Sterlite Power, said, “We will leverage our expertise and prior experience to deliver this critical project in a timely manner.”