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Rs 1,000 crore project to rid Gurgaon of blackouts

Rs 1,000 crore project to rid Gurgaon of blackouts

Rs 1,000 crore project to rid Gurgaon of blackouts

Resonia is executing a ₹1,000 crore transmission project to strengthen Gurgaon’s power supply and reduce blackouts. The project will add 2,000–3,000 MW capacity, supporting the city’s fast-growing corporate, manufacturing, and residential power demand.

Resonia is executing a ₹1,000 crore transmission project to strengthen Gurgaon’s power supply and reduce blackouts. The project will add 2,000–3,000 MW capacity, supporting the city’s fast-growing corporate, manufacturing, and residential power demand.

Gurgaon’s chronic power woes could be a thing of the past in a little more than a year from now. A Rs 1,000 crore-plus transmission project is under way to raise electricity supply to the millennium city and its surrounding areas, home to scores of multinationals, call centers and manufacturing units, by 2,000-3,000 MW. “This project is quite challenging as it passes through established human settlements. We are confident of delivering it ahead of schedule, as we have been doing on our other projects,” Resonia Chairman Pratik Agarwal told TOI.

http://timesofindia.indiatimes.com/city/delhi/Rs-1000-crore-project-to-rid-Gurgaon-of-blackouts/articleshow/54575608.cms

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

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Abhishek Gaur

Chief Manager – PR & Communications
abhishek.gaur1@resonia.com