Adani Transmission (ATL) has received the Letter of Intent (LoI) to acquire Karur Transmission in Tamil Nadu.
The Adani group company bagged the project through the tariff-based competitive bidding process and has received the LoI for the central renewable energy evacuation project.
ATL will build, own, operate and maintain the transmission project in the southern state for 35 years. The project incorporated by PFC Consulting involves establishing a 2×500 MVA, 400/230 kV Karur Pooling Station line in line out of both circuits of Pugalur — Pugalur (HVDC) 400 kV DC line.
Adani Transmission’s project execution will help evacuate renewable energy from the Karur-Tiruppur region. The estimated capital expenditure is more than ₹2 billion (~$26.67 million).
