The interstate transmission system (ISTS) scheme housed under “Khavda IV C Power Transmission Ltd” and which was recently won by Sterlite Power has seen a record high tariff exceeding Rs.1,000 crore per year. According to official Read more
Sterlite Power has secured Khavda Phase-IV (7GW): Part C project to develop the transmission system for evacuating power from the potential renewable energy zone in the Khavda region of Gujarat. This order win marks Sterlite Power’s second venture into Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has transferred to project special purpose vehicles (SPV) for the development of as many interstate transmission system (ISTS) projects to their winning developers – Adani Energy Solutions Ltd Read more
Three developers have qualified for opening of initial price bids for the ISTS-TBCB scheme housed under “Navinal Transmission Ltd”. It is learnt that Power Grid Corporation of India Ltd (PGCIL), Sterlite Power and Adani Energy Solutions Read more
Sterlite Power said that it bagged orders worth Rs.1,500 crore across its Global Products and Services (GPS) business during Q1 (April to June) of FY25. In a release, Sterlite Power said that the new set of orders, won across Read more
Sterlite Power is a leading developer of power transmission infrastructure with a portfolio covering over 16,000 ckm of transmission lines across India and Brazil. In this exclusive interaction, we have Arun Sharma, CEO, Infrastructure Business, Sterlite Power, discussing Read more
Sterlite Power has announced that it has secured funding worth Rs.1,373 crore for its newly-acquired interstate transmission system (ISTS) project housed under “Neemrana II Kotputli Transmission Ltd.” In a release, Sterlite Power said that it has Read more
Power Grid Corporation of India Ltd (PGCIL) along with three other bidders have qualified for opening of price bids for an ISTS-TBCB scheme housed under “NERGS-I Power Transmission Ltd.” The three contenders alongside PGCIL are Sterlite Power, Techno Electric Read more
Sterlite Power Transmission Ltd (STPL) has received approval from its equity shareholders, secured creditors, unsecured creditors, and non-fund-based lenders for the demerger of its transmission business. In a release, STPL said that the vote on the demerger proposal received Read more
By end of the first quarter of FY25, five interstate transmission schemes (ISTS) schemes awarded under the tariff-based competitive bidding (TBCB) mechanism are scheduled to complete, thereby capitalizing assets worth over Rs.5,000 crore. According to a special study done Read more