International technology group ANDRITZ has signed two contracts to supply new synchronous condenser systems to Brazil. Both projects include the supply of a330 MVAr synchronous condenser. The installation of these systems is an important step towards balancing and Read more
Sterlite Power Transmission Ltd (SPTL) has announced the strategic decision to demerge its Power Transmission Infrastructure business (BOT model), spread across India and Brazil. The Power Transmission Infrastructure business encompasses the transmission assets in India and Brazil, which will Read more
Sterlite Power has successfully commissioned “Marituba” — its sixth power transmission project in Brazil. Built with an investment of Rs.1,600 crore, Project Marituba involved developing a 344-km long 500kV transmission corridor connecting Brazil’s largest hydropower plant at Tucuruí to Read more
Sterlite Brazil Participações S.A. (Sterlite Brazil), a subsidiary of Sterlite Power Transmission Ltd, has won two power transmission concessions in Brazil. In a release, Sterlite Power said that it won Lot 05 and Lot 09 at the transmission auctions Read more
Sterlite Power Brasil, a subsidiary of Sterlite Power Transmission Ltd, has announces the issuance of debentures on the total amount of R$ 600 million (around Rs.985 crore). Banco Modal and Banco Itaú BBA coordinated the transaction, which reinstates Sterlite's Read more
Sterlite Brazil Participações S.A., a subsidiary of Sterlite Power Transmission Ltd, has announced the completion of the Vineyards power transmission project in Rio Grande do Sul, Brazil. In a release, Sterlite Power said that third and last stretch of Read more
The Brazil-based subsidiary of Sterlite Power will be undertaking additional capital expenditure of around Rs.250 crore in two of its concessions in the South American nation. This capex will be incurred in two concessions – Solaris and Borborema – Read more
Sterlite Power and Vinci Energia (VIGT11), through Vinci Infraestrutura Gestora de Recursos LTDA, announced the formalization of the commitment of first acquisition of issuance of debentures convertible into shares for the Vineyards Project in Brazil. Convertible debentures The transaction foresees Read more
Kalpataru Power Transmission Ltd (KPTL) in a stock exchange filing said that it has completed the acquisition of Brazilian company Fasttel on April 7, 2021. In the first week of February 2021, KPTL had announced that it was acquiring Read more
Kalpataru Power Transmission Ltd, in a statement, said that it has acquired controlling equity stake of 51 per cent in a Brazilian EPC company. The statement said that the acquisition was done through KPTL’s wholly-owned subsidiary in Brazil— Kalpataru Read more