Sterlite Powerhas announced the appointment of Reshu Madan as Chief Executive Officer, Global Products & Services (GPS) business. He succeeds Manish Agarwal who has decided to pursue an opportunity outside the company. Effective May 1, 2024, Reshu will report Read more
Sterlite Power won new orders worth Rs.2,500 crore in Q4 of FY24, taking the cumulative annual inflow to Rs.7,000 crore. In a release, Sterlite Power said that it won new orders worth Rs.2,500 crore with respect to its Global Read more
Sterlite Power and an affiliate of GIC have announced the signing of definitive agreements to set-up a new platform to develop and operate power transmission projects in India. Sterlite Power will own the majority stake of 51 per cent Read more
Central Electricity Regulatory Commission (CERC), in recent orders, has granted transmission licence to Sterlite Power for two interstate transmission system (ISTS) schemes that it is developing under the tariff-based competitive bidding (TBCB) Read more
Sterlite Power has successfully achieved financial closure for its Beawar Transmission Ltd (BTL) project. In a release, Sterlite Power said that the project has secured funds totaling around Rs.2,400 crore from REC Power Development & Consultancy Ltd – a Read more
Sterlite Power has reported the winning of new orders worth around Rs.1,400 crore for its Global Products and Services (GPS) business in Q3FY24 (October to December 2023). This brings the cumulative order win for the first nine months of Read more
Sterlite Power has witnessed a substantial surge in orders for its Global Products and Services (GPS) business during Q2 of FY24, a company release said. The orders, totaling around Rs.2,000 crore, signify a remarkable increase of Rs.700 crore as Read more
Sterlite Power has announced the acquisition of project SPV “Neemrana II Kotputli Transmission Ltd” from bid process coordinator PFC Consulting Ltd. The project was awarded to Sterlite Power through the tariff based competitive bidding (TBCB) process in November 2023.Through Read more
Sterlite Power has won its third green energy evacuation scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) mode. In a release, Sterlite Power announced that it has secured the order for Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B transmission Read more
Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted bidders for four interstate transmission system (ISTS) schemes being awarded under the tariff-based competitive bidding (TBCB) route. All the four schemes are associated with renewable energy evacuation Read more