Sterlite Power is keen to replicate the public-private partnership (PPP) model in the optical ground wire (OPGW) business, in other parts of the country, notes Pratik Agarwal, Managing Director, Sterlite Power. Agarwal said this in a release that announced Read more
Sterlite Power Transmission Ltd has acquired project special purpose vehicle “Nangalbibra ─ Bongaigaon Transmission Ltd” from bid process coordinator PFC Consulting Ltd. Sterlite Power had won the associated transmission scheme under the TBCB mode in Read more
Sterlite Power has been recognized with two awards at the prestigious Global Project Excellence Awards 2020. The awards were presented on October 31, 2020, at the gala award ceremony held virtually this year. Sterlite Power won the ‘Gold’ in Read more
Sterlite Power has been awarded the prestigious “The Year in Infrastructure (YII) Awards 2020” by Bentley Systems in the “Utilities and Communications” category. In a release, Sterlite Power said that Read more
Sterlite Power has achieved financial closure for its Vapi II North Lakhimpur Transmission Ltd (VNLTL) project, the company said in a release. The financial closure was achieved with Sterlite Power securing the debt funding of Rs.2070 crore from PFC Read more
The unitholders of India Grid Trust (IndiGrid) have approved the induction of Esoteric II Pte. Ltd., an affiliate of KKR & Co. Inc (“Esoteric II”) as a sponsor, (as defined under the InvIT Regulations) with special majority. The special Read more
Singapore-registered Esoteric II Fund Pte Ltd (Esoteric) has proposed to seek induction as the “sponsor” of IndiGrid, India’s first infrastructure investment trust (InvIT) in the power sector. Esoteric has approached Sterlite Investment Managers Ltd (the investment managers to IndiGrid) Read more
Sterlite Power has announced the acquisition of Vapi II North Lakhimpur Transmission Ltd (VNLTL), a special purpose vehicle from PFC Consulting Ltd. WRSS-XIX and NERSS-IX will serve the growing power needs of Mumbai region, and improve renewable power availability Read more
Sterlite Power is a leading global developer of power transmission infrastructure with projects of over 10,000 ckm and 15,000 MVA in India and Brazil. With an industry-leading portfolio of power conductors, Read more
Sterlite Power announced that it is joining hands with GE T&D India Ltd, Unitech Power Transmission Ltd. (UPTL), Tata Projects Ltd (TPL) and Associate Power Structures Pvt. Ltd (APSPL). This partnership will implement OEM & EPC solutions in Read more