Sterlite Technologies Limited

Godrej Millennium
9 Koregaon Road, Pune 411001
Maharashtra, INDIA
CIN L31300DN2000PLC000340
Phone: +91.20.30514000
Fax: +91.20.30514113
www.sterlitetechnologies.com

January 10, 2016

National Stock Exchange of India Limited
Exchange Plaza, 5th Floor,
Plot No. C-1, G Block,
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Subject: News Release

Ref.: Scrip Code 532374
Scrip ID STRTECH
Dear Sir/Madam,
We are enclosing herewith a news release to intimate that Sterlite Grid Limited
(Subsidiary of the Company) received Letter of Intent to provide Transmission
Connectivity to Power Plants in Odisha.
Please take this on your records.
Thanking you,
Yours faithfully,
For Sterlite Technologies Limited

Amit Deshpande
Company Secretary (ACS 17551)

Registered office: Survey No. 68/1, Madhuban Dam Road, Rakholi 396 230
Union Territory of Dadra & Nagar Haveli, INDIA

Sterlite Power Grid Ventures Limited

F-1, The Mira Corporate Suites,
1 & 2, Ishwar Nagar, Mathura Road,
New Delhi 110 065
CIN No. : U33120DN2014PLC000454
Phone : +91-11-49962200
Fax
: +91-11-49962288
www.sterlitegrid.com

Sterlite Grid Receives LoI to Provide Transmission

Connectivity to Power Plants in Odisha
# Sterlite Grid will Build, Own, Operate & Maintain 300 km of 765 kV D/C line from
Jharsugda to Raipur and 50 km of 400 kV D/C line between OPGC Power Project &
Jharsugda

# These transmission lines to evacuate up to 5,000 MW of electricity from Odisha based

power plants
January 10, 2016, New Delhi: Sterlite Grid, Indias largest private developer of
independent power transmission systems received Letter of Intent to commission
power evacuation infrastructure in Odisha for local power projects. Sterlite Grid
emerged as the lowest bidder for the power transmission project in Odisha with a
levelized annual tariff of Rs 139.79 Crores.
The bids were invited by PFC Consulting Limited to develop transmission systems for
Odisha based power projects named as For Common Transmission System for
PhaseII Generation Projects in Odisha and Immediate Evacuation System for OPGC
Project in Odisha. The transmission lines will form part of Interstate transmission
network providing additional evacuation up to 5,000 MW of electricity from Odisha
based plants that are seeking better access to the power consuming centers.
Sterlite Grid will Build, Own, Operate & Maintain approx 300 km of 765 kV Double
Circuit system strengthening line from Jharsugda to Raipur and approx 50 km of 400
kV Double Circuit line between OPGC Power Project & Jharsugda with approximate
capital expenditure of Rs 1,250 Cr.
This is the eighth project won by Sterlite Grid under the Tariff Based Competitive
Bidding mechanism. With this project, Sterlite Grids portfolio includes 23 Extra High
Voltage (EHV) transmission lines and three substations with nearly 6,000 Circuit Km.
This project will further strengthen companys position as the largest private
developer of independent transmission systems.
We will execute this project on fast track to help countrys vision of
uninterrupted power supply for all. We are confident that our talented team coupled
with cutting edge technology will create a robust power evacuation network in

Registered office: Survey No 68/1, Madhuban Dam Road, Rakholi Village,
Silvassa, Union Territory of Dadar& Nagar Haveli - 396 230 INDIA

Sterlite Power Grid Ventures Limited

F-1, The Mira Corporate Suites,
1 & 2, Ishwar Nagar, Mathura Road,
New Delhi 110 065
CIN No. : U33120DN2014PLC000454
Phone : +91-11-49962200
Fax
: +91-11-49962288
www.sterlitegrid.com

record time, said Mr. Pravin Agarwal, Chairman of Sterlite Power Grid Ventures
Limited.
Last month, Sterlite Grid set a new benchmark by commissioning the Transmission
Project to Rajasthan Atomic Power Project (RAPP) ahead of schedule. Since the
implementation of the Tariff Based Competitive Bidding (TBCB) regime, this is the
first time a power transmission line has been commissioned ahead of schedule.
In past one year, Sterlite Grid put 12 Extra High Voltage elements into operations
adding 2,700 circuit km and 6,000 MVA of transformation capacity in the country. Its
ongoing projects PKTCL, NRSS 29 and MTL, are on track and are also likely to be
completed ahead of schedule.
About Sterlite Grid
Sterlite Power Grid Ventures Limited is a subsidiary of Puneheadquartered Sterlite
Technologies Limited (BSE: 532374, NSE: STRTECH). In a short span, Delhibased
Sterlite Grid has built a strong portfolio of eight projects spanning nearly 6,000
Circuit Km, entailing an investment of ~ Rs 10,000 Crore. It owns and operates
~3,200 Circuit Km, under four of the operating projects, across eight states in India. It
is also the first Indian developer to deploy aerial technologies such as LiDAR survey
and helicopteraided construction in India, reducing the commissioning time.

Registered office: Survey No 68/1, Madhuban Dam Road, Rakholi Village,
Silvassa, Union Territory of Dadar& Nagar Haveli - 396 230 INDIA