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May 2, 2025

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Tag : power transmission

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Sterlite Power Announces Demerger of Transmission Business from SPTL

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After demerger, the transmission infrastructure will be housed under Sterlite Grid 5 Limited, while the global products & specialised EPC services will continue to remain under SPTL. The simplified structure will allow each entity to attract a capital pool tailored to its requirements. May 29, 2024 Sterlite Power Transmission Limited......
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L&T Bags Major Transmission Orders in India & Overseas

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The company will establish two floating solar plants in India having cumulative capacity of over 150 MWac, in addition to a ground-mounted solar PV of 120 MWac capacity. May 10, 2024 The power transmission and distribution business of Larsen and Toubro has recently won ‘major’ orders in India and overseas.......
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Sterlite Power Won New Orders Worth INR 2,500 Crore in Q4 FY24

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The cumulative order wins of Sterlite Power in FY24 reached INR 7,000 crore, representing a 35 percent year-on-year (YoY) increase as compared to FY23.  April 30, 2024 Sterlite Power, a leading power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new......
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Nexans Signs Ground-Breaking Service Level Contract with Equinor

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The four-year agreement covers approximately 3,000 km of cable. It includes turnkey repair services for various cable systems by Nexans, while Equinor will manage and operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members.  May 6, 2024 Nexans, leader in the design and manufacturing......
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India will Require USD 500 Billion Capex to Expand Power Transmission Grid

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As per the report by Goldman Sachs, Power Grid Corporation of India will be the prime beneficiary of this massive grid expansion, which will account for 30 percent of India’s overall energy transition costs projected for 2024-2050. Apr 24, 2024 India, which is currently the third largest primary energy consumer......
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Sterlite Power Appoints Reshu Madan as CEO of GPS Business

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Mr. Reshu Madan will head the Global Products & Services (GPS) business of Sterlite Power, leading global developer of power transmission.  May 6, 2024 Sterlite Power, a leading global developer of power transmission, today announced the appointment of Mr. Reshu Madan as Chief Executive Officer, Global Products & Services (GPS)......
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Sterlite Power Joins Hands with GIC to Create Power Transmission Platform in India

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The joint venture will target new opportunities starting with a USD 13 billion bid pipeline. It will also look for proposals falling in line with India’s ambition to achieve 500 GW of renewable energy capacity by 2030. Mar 28, 2024 Sterlite Power, one of India’s leading private power transmission developers,......
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Prysmian to Link Scotland with England by Electrical ‘Superhighway’ Cable Link Worth EUR 1.9 Billion

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Prysmian signs EUR 1.9 billion contract with Eastern Green Link 2 to deliver HVDC cable system having power transmission capacity of 2 GW, which will increase the UK’s capacity to deliver clean energy for around two million homes. Mar 9, 2024 Prysmian, world leader in the energy and telecom cable......
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Tata Power to Acquire Jalpura Khurja Power Transmission Project Worth INR 838 Crore

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The special purpose vehicle project will be developed on a build-own-operate-transfer (BOOT) basis to provide transmission services for 35 years from the scheduled date of commercial operation, which is 18 months from the date of SPV acquisition. Feb 20, 2024 Tata Power has received the letter of intent (LoI) from......
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Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC

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Sterlite Power has recently announced the acquisition of Neemrana II Kotputli Transmission Limited from PFC Consulting Limited. Dec 28, 2023 Sterlite Power, a leading power transmission developer and solutions provider in India and Brazil, announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC......
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