sterlite power
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
TBCB in CY2021: Nine projects completed
- Jan 28, 2022
Nine interstate transmission schemes, under the tariff-based competitive bidding (TBCB) mechanism, were completed in calendar year 2021, according to a special study by T&D India, based on statistics released by Central Electricity Authority. The performance in 2021 compares very Read more
Sterlite Power completes full transfer of residual ownership in IndiGrid
- Jan 15, 2022
Sterlite Power Transmission Ltd (Sterlite Power) has successfully completed the full transfer of its residual ownership in IndiGrid. In a release, Sterlite Power announced the successful sale of its remaining shareholding constituting 26 per cent of Read more
Sterlite Power commissions final element of Khargone transmission scheme
- Jan 4, 2022
Sterlite Power Transmission Ltd has announced full completion of the Khargone transmission scheme in Madhya Pradesh, following the successful commissioning of the sixth and final project element. The Khargone transmission scheme, with an estimated cost of Rs.1,662 crore, will Read more
Octopus Energy and Sterlite Power team up to decarbonise India
- Dec 21, 2021
Octopus Energy Group, an energy technology company, and leading Indian power transmission player Sterlite Power, have signed an agreement that aims to help decarbonise Indian industry and bring cheaper green power to consumers Read more
Sterlite Power plans Rs.250 crore additional capex in Brazilian assets
- Dec 13, 2021
The Brazil-based subsidiary of Sterlite Power will be undertaking additional capital expenditure of around Rs.250 crore in two of its concessions in the South American nation. This capex will be incurred in two concessions – Solaris and Borborema – Read more