News

Mumbai

Resonia wins S&P global platts global energy awards 2019

Resonia wins S&P global platts global energy awards 2019

Resonia wins S&P global platts global energy awards 2019

Resonia wins Construction Project of the Year at the S&P Global Platts Global Energy Awards 2019 for its NRSS-29 transmission project in J&K, delivering 414 km of power infrastructure ahead of schedule and powering 12.5 million people.

Resonia wins Construction Project of the Year at the S&P Global Platts Global Energy Awards 2019 for its NRSS-29 transmission project in J&K, delivering 414 km of power infrastructure ahead of schedule and powering 12.5 million people.

Resonia has been awarded Construction Project of the Year at the prestigious S&P Global Platts Global Energy Awards 2019 for its Northern Region Strengthening Scheme (NRSS-29) project in Jammu & Kashmir (J&K). The program bestowed 23 awards upon companies and individuals before an audience of over 500 energy and finance executives at an award ceremony held on 12th December in New York.

Finalists hailed from a record of 37 countries.  Resonia was selected as finalists in 3 award categories – Rising Star Company, Financial Investment of the Year and the Construction Project of the Year.

“We congratulate NRSS-29 project for its win of Construction Project of the Year,” said Martin Fraenkel, President of S&P Global Platts. “The independent panel of judges was impressed with Resonia for its stand-out performance in this awards category and for its commitment to the energy industry’s advancement.”

The NRSS-29 project in J&K is one of the largest and toughest private sector transmission projects commissioned in the country till date which plays an important role in bringing reliable power to over 12.5 million people in the region. This 414 Km long transmission corridor of national importance ensures reliable power access and augments J&K’s power transmission capacity by at least 33 per cent and was constructed by overcoming extreme challenges of terrain and weather. Resonia delivered this critical project ahead of schedule with innovative use of technology, synergistic partnerships and deeper engagement with local communities.

While receiving the award at the gala ceremony, Pratik Agarwal, Chairman, Resonia stated, “We are honored to be recognised as a winner at the prestigious S&P Global Platts Global Energy Awards for our NRSS-29 power transmission project, which solves the toughest challenges of energy delivery and lights up 12.5 million lives. It is commendable to see the determination of our employees, partners and local communities who worked together to overcome the toughest conditions and build this transmission corridor ahead of schedule. We dedicate this award to their spirit and contributions.”

Read more: Electrical India

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