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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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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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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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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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CTC Global’s 5th ACCC® Conductor Core Plant to Open in Pune

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CTC Global has announced the opening of its fifth ACCC® Conductor core manufacturing unit. The facility shall be based in Pune, India, and shall open later this year. CTC Global serves its Indian market through its partners Sterlite Power, Gupta Power, and Apar Industries. Jun 20, 2023 CTC Global has......
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Sterlite Power Commences Aerial Operations for Flagship Mumbai Urja Marg Power Transmission Project

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Sterlite Power has deployed state-of-the-art lightweight helicopters to overcome the challenges of terrain and speed up material transfer to fast-track the construction process of the Mumbai Urja Marg project (MUML). The MUML project is a vital cog in the Centre’s plan to fulfill the escalating electricity demands of Mumbai. May......
News Transmission, Distribution & Infrastructure

Sterlite Power Bags Green Energy Transmission Project for 350 km, 765kV Transmission Corridor in Rajasthan

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Sterlite Power has recently won the transmission project for the evacuation of power from renewable energy zones in Fatehgarh (9.1 GW), Bhadla (8 GW) and Ramgarh (2.9 GW) areas in Rajasthan. The project, won through a tariff-based competitive bidding, will involve construction of a 350 km, 765kV transmission corridor and......
News Transmission, Distribution & Infrastructure

Sterlite Power and AMP Capital JV’s On-Market Transmission Assets Attract Bids of INR 35-40 Billion

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Sterlite Power and AMP Capital JV’s on-market assets of Lakadia Vadodara Transmission and Udupi Kasargod Transmission have attracted bids totaling INR 35-40 billion from IndiGrid, Torrent Power, and Edelweiss Infrastructure Fund. The assets’ final equity is estimated at INR 10 billion. March 16, 2023 The Joint Venture (JV) of Sterlite......
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Sterlite Power Commissions Gujarat’s Largest 5000 MW Green Energy Corridor Project

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Leading power transmission company Sterlite Power recently announced the successful commissioning of Lakadia-Vadodara Transmission Project, Gujarat’s largest green energy corridor project. The project has an investment of INR 2,024 crore and will deliver more than 5000 MW of green and reliable power from the wind and solar energy zones of......
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