sterlite power
Private sector to drive 765kV line addition in FY23
- Jun 30, 2022
Private sector entities – led by Sterlite Power and Adani Power – are expected to dominate the addition of new 765kV lines in FY23, a special study by T&D India based on official statistics indicates. According to a recent Read more
Pratik Agarwal recognized as ‘CEO of the Year’
- Jun 17, 2022
Pratik Agarwal, Managing Director, Sterlite Power, has been recognised as the “CEO of the Year’ (Non-Renewables)” at The Economic Times Energy Leadership Awards 2022, for his distinguished leadership in the power industry. Read more
Sterlite Power’s Solutions Business wins Rs.1,600-crore orders
- May 30, 2022
Sterlite Power has secured multiple orders worth Rs.1,600 crore across its Solutions business during the January-April period of 2022, in the domestic and international markets, the company said in a release. The company has secured orders from customers like Read more
TBCB Scorecard for FY22: Ten projects awarded, eight commissioned
- Apr 18, 2022
A special study by T&D India based on official statistics released by Central Electricity Authority (CEA) suggests that in fiscal year 2021-22 (FY22), ten new interstate power transmission schemes under the TBCB modality were awarded, while eight such Read more
Sterlite Power issues Rs.985-crore debentures in Brazil
- Apr 5, 2022
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
Vedanta to source 580 MW of renewable energy for pan-India operations
- Apr 1, 2022
The board of Vedanta Ltd has approved plans for the Vedanta Group to source 580 mw of renewable energy for its operations across India. Vedanta Ltd has signed a Power Delivery Agreement (PDA) with special purpose vehicles (SPVs) i.e. Read more
Sterlite Power wins TBCB project in Jammu & Kashmir
- Mar 30, 2022
Sterlite Power has received the letter of intent to build a transmission scheme in Jammu & Kashmir, under the tariff-based competitive bidding (TBCB) mechanism. In a release, Sterlite Power said that the LoI was received from bid process coordinator Read more
Sterlite Power completes Rs.1,200-crore refinancing of Khargone Project
- Mar 21, 2022
Sterlite Power announced the successful refinancing of its project loan for the recently commissioned Khargone power transmission project in Madhya Pradesh. With this transaction, Sterlite Power has achieved a reduction of almost 400 basis points in Read more
Sterlite Power Transmission completes full debt financing for Nangalbibra project
- Mar 7, 2022
Sterlite Power Transmission Ltd has achieved financial closure for its Nangalbibra-Bongaigaon Transmission Ltd (NBTL) project, after securing the entire debt component. In a release, Sterlite Power said that it has arranged for the entire debt component of Rs.440 crore Read more
Sterlite Power completes Vineyards Project in Brazil
- Feb 15, 2022
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