Capable of offering critical connectivity for power transmission from the hydro power plants in the north eastern (NE) region, the new line would allow powering over one million homes in north east Bihar and northern India.
Sterlite Technologies director Pravin Agarwal said, "We are building several critical lines which are crucial for evacuation of power and are hopeful that with continued support from the State and Central Government, we will be able to deliver these as per our commitments."
As part of Purnia-Bihar Sharif transmission line, the company has also installed a transmission line in the East North Interconnection (ENICL) Transmission Project, which will link Assam with West Bengal and Bihar.
In 2010, Sterlite was awarded a INR10bn ($158.2m) contract to build transmission lines for carrying about 1,000MW of power from hydropower projects in the northeast to power over 1 million homes in northern and eastern India.
The project had been awarded on a ‘build, own, operate and maintain’ (BOOM) basis, which would offer annuity revenues for Sterlite Grid for about 25 years.
