Apraava Energy, an integrated energy solutions provider, announced that it has secured a new greenfield interstate transmission project in Madhya Pradesh through the Government of India’s tariff-based competitive bidding (TBCB) process.

The project involves setting up of 40 km of 765 kV double-circuit transmission lines and a 3,000 MVA substation. This is Apraava’s third transmission project win within the last 12 months.

As part of the transmission service agreement, the project will be developed by Apraava under BOOT (build, own, operate and transfer) model. The project is set for completion within 24 months from the date of special purpose vehicle (SPV) transfer.

Apraava Energy will be responsible for the ownership, financing, development, design, engineering, procurement, construction, commissioning, operation, and maintenance of the project, and provide transmission services for a period of 35 years post commercial operation date.