Apraava Energy has acquired the Special Purpose Vehicle (SPV), Ananthpuram Transmission Limited, to develop an interstate power transmission project in Ananthapur, Andhra Pradesh, following its award under the Government of India’s Tariff-Based Competitive Bidding (TBCB) process.
The project involves the construction of approximately 250 circuit kilometres (ckm) of 765 kV transmission lines and a 4,500 MVA (3×1500 MVA) 765 kV pooling station, along with the installation of a ±300 MVAR Static Synchronous Compensator (STATCOM). The transmission infrastructure is designed to strengthen the interstate grid and facilitate the integration and evacuation of around 3 GW of renewable energy from the Ananthapur region.
According to the company, the project will play a key role in supporting Andhra Pradesh’s expanding renewable energy capacity by enhancing transmission infrastructure and improving grid reliability.
Rajiv Ranjan Mishra, Managing Director of Apraava Energy, said the acquisition marks the company’s first investment in Andhra Pradesh and reflects its commitment to supporting the state’s clean energy ambitions. He added that a robust transmission network is essential for integrating renewable energy, strengthening India’s energy security, and enabling sustainable economic growth.
The project will be developed under the Build, Own, Operate and Transfer (BOOT) model and will provide transmission services for a 35-year concession period following commissioning. Construction is expected to be completed within 36 months from the signing of the Transmission Service Agreement (TSA). The company said the project is also expected to generate significant direct and indirect employment during both the construction and operational phases.
Apraava Energy currently operates three transmission assets comprising approximately 1,000 ckm of transmission lines and 3,500 MVA of substation capacity. With the addition of Ananthpuram Transmission Limited, the company now has four greenfield transmission projects under construction, adding around 1,180 ckm of transmission lines and 13,500 MVA of substation capacity to its development pipeline.
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