News
Mumbai
Resonia Tuesday said it has been awarded a power augmentation project for seven districts in West Bengal. The project will cover districts of Purba Medinipur, Murshidabad, Burdwan, Kolkata, North 24 Parganas, South 24 Parganas and Hooghly.
"Resonia has a long association of working in West Bengal. We have been actively engaged in uprating of lines from PGCIL Malda to WBSETCL Malda, Gokarna to Berhampore and Durgapur to Ukhra.
"Currently, there is a transmission capacity shortage of 150 MW power in the New Kolkata region. The upgraded line will ensure reliable access to power in this part of the region," CEO Manish Agarwal said.
Rapid urbanisation and longer commissioning time of greenfield transmission projects have resulted in more upgrade and uprate of projects of existing lines. Resonia's solution business addresses time and space issues through its innovative business model, the company said.
Read more: Business Standard
About Resonia
Resonia is one of India's leading developers of power transmission infrastructure, building and operating the grid assets that move electricity from where it is generated to where it is needed most.
Operating in one of the world's largest greenfield transmission markets, Resonia has established a proven end-to-end model — developing critical assets across India's most complex geographies, then monetising them through a disciplined capital recycling strategy. To date, the company has monetised assets worth over US$1 billion, and sponsored IndiGrid, India's first power transmission InvIT, which attracted marquee global investors including KKR and GIC.
Resonia offers a rare combination: world-class execution capability, a demonstrated monetisation track record, and a front-row position in India's accelerating energy transition.
Media Contact
For press inquiries, interviews, or additional information, please contact our communications team.
Abhishek Gaur
Chief Manager – PR & Communications
abhishek.gaur1@resonia.com
