Sterlite Power commissions its sixth power transmission project in Brazil
New Delhi: Sterlite Power on Thursday said that it has achieved a significant milestone in Brazil with the successful commissioning of its sixth power transmission project - Marituba. Built with an investment of Rs 1,600 crore, Project Marituba involved developing a 344 km long 500kV transmission corridor connecting Brazil’s largest hydropower plant at Tucuruí to the metropolitan region of Belém to deliver up to 1,000 MW of green energy.
Since its foray in Brazil in 2017, Sterlite Power has built a significant footprint in the country, acquiring 13 Projects through greenfield global auction process. Currently, the company has a strong portfolio of 8 power transmission projects, of which it has developed six projects, spanning approximately 2,000 kms of transmission lines and 22 substations.
Commenting on the milestone, Sterlite Power's Managing Director Pratik Agarwal said, “Over the past six years, we have made a noteworthy contribution to the Brazilian energy market by securing and delivering critical transmission projects. We will continue to make a meaningful impact on the lives of people in Brazil by ensuring delivery of quality transmission assets in record time.”
The Marituba project is fully integrated with the National Interconnected System (SIN) – the Brazilian National Grid. Located in the Amazon region, it is the largest power transmission project executed by Sterlite Power Brazil. It has traversed 15 cities and 27 Quilombola Afro-Brazilian communities and has created more than 2000 jobs in the region, positively impacting the Brazilian economy and its people.
While Sterlite Power (Brazil) CEO Amitabh Prasad said, “We are very pleased to commission the Marituba project. The project presented us with invaluable opportunities for acquiring knowledge, primarily owing to the remarkable intricacies of the installation process involving towers and transmission lines within the challenging operational environment.”
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