Sterlite Electric Unlisted Shares
This new transmission line promises to end Mumbai's power problems
CNBC TV18
2 min read
Sterlite Power Boosts Mumbai’s Energy Supply 2,000 MW Transmission Line.
Expert Analysis:
Project Overview: The Panvel-Padgha transmission line is a ₹900 crore project spanning 90 kilometers.
Power Supply Impact: It brings 2,000 megawatts of power to the Mumbai Metropolitan Region (MMR).
Demand Stabilization: Mumbai requires 3,500 megawatts annually, spiking to 4,500 megawatts in summer and October; the new infrastructure aims to handle these fluctuations and prevent prolonged outages.
COVID-19 Delays: Originally delayed by 9 months due to COVID-19, advanced technology saved 6-8 months of construction time.
Sterlite Power’s ₹900 crore project adds 2,000 MW to MMR, stabilizing energy and lowering costs.
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