Sterlite Grid 32 Ltd (SGL32) has successfully refinanced its Mumbai Urja Transmission Limited ('MUML') Project by way of listed non-convertible debentures. It may be recalled that the infrastructure business of Sterlite Power Transmission Ltd was demerged into Sterlite Grid Read more
Reliance Industries, alongside two seasoned players, have qualified for opening of initial price bids for an interstate transmission system scheme associated with the Lakadia Pooling Station in Gujarat, being developed under the TBCB mechanism. It is reliably learnt that Read more
GE Vernova T&D India Ltd (formerly GE T&D India Ltd) has won a major order for high-voltage (HV) equipment from Sterlite Power. In a brief stock exchange filing, GE Vernova T&D India said that the order valued at over Read more
Sterlite Power has successfully raised Rs.725 crore in a primary fundraise round from GEF Capital Partners and ENAM Holdings. As part of Sterlite Power’s demerger exercise, the Global Products & Solutions (GPS) business was hived out and is now Read more
Sterlite Power has the highest share in tariff with respect to the TBCB components of the overarching Khavda Phase-IV evacuation scheme, according to a special study by T&D India. With the recent handing over of “Pune-III Read more
Sterlite Power has announced the successful commissioning of three key elements of its ISTS project in Goa being implemented by special purpose vehicle “Goa Tamnar Transmission Ltd.” In a release, Sterlite Power said that the project Read more
Sterlite Power has secured new orders worth Rs.1,200 crore across its Global Products and Services (GPS) business in Q2FY25, the company said in a release. With cumulative orders wins reaching Rs.2,700 crore for H1FY25, Sterlite Power continues to solidify Read more
Four developers have been shortlisted for development of an ISTS scheme in Rajasthan involving HVDC-based infrastructure. The scheme had come up for re-tendering in August after the original bidding process was annulled. The four developers are Power Grid Corporation Read more
Hectic activity was seen in the interstate transmission system (ISTS) development space during the first half (H1: April to September) of FY25, with a record number of schemes awarded under the tariff-based competitive bidding (TBCB) route. According to a Read more
Three players are in the fray for a major interstate transmission system (ISTS) scheme in Gujarat involving HVDC technology, for which developer selection is taking place through the tariff-based competitive bidding (TBCB) mode. It is reliably Read more