Bhopal-Dhule Transmission Company Ltd and Jabalpur Transmission Company Ltd, both wholly-owned subsidiaries of Sterlite Technologies Ltd, have received Rs.2,200 crore as debt syndication for their power transmission projects. The syndication has State Bank of India as the lead participant, a statement by Sterlite said.

Sterlite has already placed most of the project related orders on various local and global vendors for its lines and substations. It plans to close all pending orders shortly.

These 765kV projects are a part of the "System Strengthening Common for Western & Northern Region." The JTCL project would connect Dharamjaygarh- Jabalpur- Bina and features India's first private sector developed double circuit Line. The BDTCL project includes single circuit Lines from Vadodara-Dhule- Aurangabad and Indore-Bhopal- Jabalpur, along with two 765kV substations at Dhule and Bhopal.

Sterlite has a portfolio of three projects estimated at a value of about Rs.4,000 crore. These projects would evacuate and transmit power through a network of 2,200 km of transmission lines and two substations, across the states of Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, West Bengal, Bihar and Assam.