Tata Power has announced the successful commissioning of the Metro Depot substation and associated lines, associated with an intrastate transmission system (InSTS) scheme in Uttar Pradesh.
In a release, Tata Power said that it has commissioned the 400/220kV Metro Depot substation and associated transmission lines, enabling addition of addition of 1,000 MVA transformation capacity to meet the growing load demand in and around Greater Noida and NCR region. Additionally, surplus power from the system will be fed into the Northern Grid, supporting power demand across other northern states.
This intra-state transmission system has been executed under TP Jalpura Khurja Power Transmission Ltd (TPJKPTL), a wholly-owned subsidiary of Tata Power, and marks the first milestone under the Jalpura-Khurja TBCB project.
The project’s on-time commissioning underscores Tata Power’s excellence in precision-driven execution, and sustainable infrastructure development, the release said.
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Project background
According to information available with tndindia.com, Tata Power won this intrastate scheme under the TBCB mode with bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) issuing the letter of intent in February 2024.
The project is officially termed as “Construction of 400/220kV, 2×500 MVA GIS substation Metro Depot (Greater Noida) with associated lines and 400/220kV, 2×500 MVA GIS substation Jalpura with associated lines” and is being developed under the BOOT mode with a concession period of 35 years.
The project involves capital expenditure of around Rs.744 crore and has an implementation period of 18 months, from the date of SPV transfer.
Apart from the Metro Depot substation that is now commissioned, the project also entails a similar 400/220kV, 2×500 MVA GIS substation at Jalpura, in Gautam Buddha Nagar district of Uttar Pradesh.
The EPC contract for the Jalpura-Khurja project was placed on Bajel Projects in January 2024. (Read full story)
Tata Power was competing for this project alongside two other bidders – Power Grid Corporation of India Ltd (PGCIL) and Megha Engineering & Infrastructures Ltd.
This project marks the formal entry of Tata Power in the greenfield intrastate-TBCB space, which is to say that the project was acquired through competitive bidding and not through acquisition.
Tata Power is associated with another intrastate scheme “South East U.P. Power Transmission Ltd,” through its joint venture Resurgent Power Ventures in which Tata Power has 26 per cent equity stake. This project, originally awarded to an international developer, was subsequently acquired by Resurgent Power.
Tata Power also has a portfolio of three greenfield interstate-TBCB schemes housed under TP Bikaner III Neemrana II Transmission Ltd, TP Paradeep Transmission Ltd and TP Gopalpur Transmission Ltd.
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