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Tag : Pravin Agarwal

Sterlite Technologies Announces Acquisition Elitecore Technologies

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This acquisition will be for an overall enterprise value of approximately Rs 180 cr in an all-cash deal September 22, 2015 Sterlite Technologies Limited has entered into a definitive agreement for the acquisition of Elitecore Technologies Private Limited, a global telecom software product company. Elitecore is a leading provider of......

Sterlite Technologies: Galloping on Transmission Highway

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The transmission infrastructure, in power and data, is poised for complete to substantial overhaul, build, and rebuild in the country spawning enormous opening for private entities. Let’s see how companies like Sterlite readies for the challenge. The latest edition of Sterlite’s Connfluence (a portmanteau formed of ‘Connect’ and ‘Influence’) held......

Sterlite Grid successfully commissions India’s first Ultra Mega Transmission Project

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To bring on-line enough transmission capacity to power more than 1 million homes in North East Bihar and Northern India September 18, 2013 Sterlite Grid Limited, a wholly owned subsidiary of Sterlite Technologies Limited, has successfully commissioned a 231 km long, 400 kV double-circuit quad transmission line that connects Purnia......

Sterlite Technologies’ net revenues grow to Rs. 3,354 crores in FY 13

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April 26, 2013 Sterlite Technologies Limited announced its results for the quarter and fiscal year ended March 31, 2013. Financial highlights for FY 13 Revenue growth of 23% from Rs. 2,727 croes in FY 12 to Rs. 3,354 crores in FY 13. Highest volumes for all businesses including both power......

Sterlite Technologies accelerates FTTH deployment in the Netherlands

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March 12, 2013 Sterlite Technologies Limited announced that it is currently involved in several landmark Fibre-to-the-Home (FTTH) deployments in the Netherlands, a country that is experiencing a significant upswing in FTTH connectivity. As a leading provider of optical fibre-based products and services, Sterlite is bringing high-speed, fibre-based broadband access to......

Sterlite raises Rs 2200 crore debt for 2 transmission projects

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June 19, 2012 The Bhopal-Dhule Transmission Company Limited (BDTCL) and Jabalpur Transmission Company Limited (JTCL), both wholly owned subsidiaries of Sterlite Technologies Limited (Sterlite) have received Rs. 2,200 Crores as debt syndication for their power transmission projects. The syndication has State Bank of India as the lead participant. This is......

Sterlite had won 3 UMTP projects worth Rs 4000 crores, namely ENICL, BDTCL and JTCL

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19 January, 2012 Sterlite Grid Limited, a wholly owned subsidiary of Sterlite Technologies Limited, announced placement of orders for its 765 kV transmission lines with M/s KEC Ltd and Simplex Infrastructure Ltd. The scope of these orders includes engineering, supply and construction of 765kV transmission lines terminating at Bhopal and......

Sterlite Technologies announces net revenues for FY 11

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Sterlite Technologies Limited announced its results for the fiscal year ended March 31, 2011. The company achieved revenues of Rs 2,263 crores, EBITDA of Rs 282 crores, PAT of Rs 141 crores. Telecom business revenues stood at Rs. 657 Crores at an EBITDA margin of 26%. Sterlite received two new projects for development of India’s transmission systems on ‘Build, Own,......
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