In August 2013, L&T IDPL was awarded the Letter of Intent (LOI) by REC Transmission Projects Company Limited (Bid Process Coordinator) for developing the Power Transmission line project on Build, Own, Operate and Maintain (BOOM) basis to evacuate Power from NTPC, Kudgi Thermal Power plant, located in the State of Karnataka.
This is a milestone achievement since this is the first Power Transmission Line Project under the PPP model won by L&T IDPL and also by the L&T Group.
The brief scope of work involves development of the Transmission Assets required for evacuation of Power from Kudgi Thermal Power Station (3 x 800MW in Phase-1) of NTPC Ltd which includes:
The above project will be implemented over a 28 month period through the SPV (Special Purpose Vehicle) called Kudgi Transmission Limited.
The Concession period of the Project is 35 Years from the Commercial Operations Date (COD) which is scheduled for December 2015.