The Koppal Transmission Scheme, ReNew's first interstate transmission project, was put into service on Thursday. It will aid in the transmission of 1,500 megawatts (MW) of renewable energy in the Karnataka region known as the Koppal Area.

The NASDAQ-listed company stated that the Koppal Transmission Scheme, which was awarded in FY22, includes building a new 400/220 kv sub-station at Koppal as well as 276 circuit miles of 400 kV D/C quad wire transmission line and extending the 400 kV GIS Bays at the PGCIL Narendra (New) substation.

Following the commissioning of the 1,500 MW Koppal Transmission Scheme, the remaining transmission for 3,500 MW is expected to be completed by June 2024, it added.

After the announcement, an agreement was signed on Wednesday on the second joint investment in the transmission sector with Norfund, the Norwegian government’s investment fund for developing countries and KLP, Norway’s largest pension company, through their joint company KNI India AS.