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November 24, 2024

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Sterlite Power Acquires a 64.98 Percent stake in MTCIL for OPGW Fibre Network in Maharashtra

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Acquiring an equity stake in MTCIL is in tandem with Sterlite Power’s strategy to establish a strong OPGW fiber network utilising overhead Right-of-way of power utilities across the country. May 2, 2022 Sterlite Power, the leading integrated power transmission developer, has acquired a 64.98 percent stake in Maharashtra Transmission Communication......
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Sterlite Power bags its second Power Transmission Project in J&K

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The upcoming Sterlite Power transmission project will involve the power evacuation of 1000 MW from Pakaldul Hydro Electric Project to the substation in Kishtwar in Jammu & Kashmir. April 1, 2022 Sterlite Power has received a Letter of Intent (LOI) from Power Finance Corporation Consulting Ltd. (PFCCL) regarding the power......
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Sterlite Power Transmission: Empowering Humanity by Addressing the Toughest Challenges of Energy Delivery

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“Digitalisation, high-speed communication bandwidth availability, smart equipment which can self-diagnose and report, use of artificial intelligence techniques and machine learning help grid operators to be well informed on a real time basis for better decision making, increase the utilisation of the existing network capacities and optimise losses.” India witnessed significant......
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Wire & Cable India Emagazine Jan-Feb Issue 2022

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Wire & Cable India’s January-February 2022 edition of the e-magazine is now live. Featuring Special Feature on the Union Budget 2022-23 – views on the Budget by the key industry players, exclusive interview with Mr. Manish Agarwal, CEO – Infrastructure and Solutions Business, Sterlite Power Transmission Ltd., insightful interactions with......
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Sterlite Power bags INR 440 Crore Funding for Nangalbibra-Bongaigaon Transmission project

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In the NBTL transmission project, more than 1000 MW of power will be transmitted from Assam to Meghalaya. Sterlite Power had taken over the NBTL SPV for the execution of the inter-state power transmission system project in December 2021. March 8, 2022 Sterlite Power Transmission Ltd., has secured INR 440......
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Sterlite Power Completes Ownership Transfer in IIML to Electron

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Sterlite Power has completed the transfer of its ownership in IndiGrid Investment Managers Ltd (IIML) to Electron IM Pte Ltd, an affiliate of KKR & Co Inc. January 14, 2022 Sterlite Power Transmission Ltd. has announced the successful sale of its remaining shareholding constituting 26 percent of the equity shareholding......
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Sterlite Power: Thrust on Renewables and Transmission Projects holds the key for growing Power Sector

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2021: The year that was 2021 has been a mixed bag for most businesses; however, on a net basis, we, at Sterlite Power, had more positives. Earlier in the year, we flipped the prestigious Northeast Region Transmission project which is geared to light up homes in India’s Northeastern states of......
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Sterlite Power Commissions Khargone Transmission Project worth INR 1,662 crore in MP

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With the power transmission project, 1,320 MW of power generated by the Khargone Power Plant will be evacuated to 765 kV Khandwa substation to further distribute it downstream across Madhya Pradesh, Maharashtra, Chhattisgarh, Gujarat, Goa, Daman & Diu, and Dadra & Nagar Haveli. January 11, 2022 Sterlite Power has successfully......
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Sterlite Power Secures INR 580 Crore Funding From REC for Udupi Kasargode Transmission Project

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The project set up by UKTL is an Inter-State Transmission System project spanning across the southern states of Karnataka and Kerala. June 16, 2021 Sterlite Power, a global developer of power transmission infrastructure, announced the successful financial closure of the project set up by Udupi-Kasargode Transmission Project Ltd (UKTL). It......
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Adani, Torrent Submit Expression of Interest for South East U.P. Power Transmission

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Madrid-based Isolux Corsan had built lines and substations within a 600 km stretch near Aligarh. Now, out of the remaining infrastructure of around 1,000 km, about 30% has been completed so far. April 03, 2021 Multinational conglomerate Adani Group and Torrent Group have submitted their expression of interest (EoI) to......
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