sterlite power
Sterlite Power and GIC announce JV to create power transmission platform
- Mar 27, 2024
Sterlite Power and an affiliate of GIC have announced the signing of definitive agreements to set-up a new platform to develop and operate power transmission projects in India. Sterlite Power will own the majority stake of 51 per cent Read more
Sterlite Power gets transmission licence for two ISTS-TBCB projects
- Mar 11, 2024
Central Electricity Regulatory Commission (CERC), in recent orders, has granted transmission licence to Sterlite Power for two interstate transmission system (ISTS) schemes that it is developing under the tariff-based competitive bidding (TBCB) Read more
Sterlite Power attains financial closure for Beawar Transmission
- Feb 12, 2024
Sterlite Power has successfully achieved financial closure for its Beawar Transmission Ltd (BTL) project. In a release, Sterlite Power said that the project has secured funds totaling around Rs.2,400 crore from REC Power Development & Consultancy Ltd – a Read more
Sterlite Power secures new orders worth Rs.1,400 crore in Q3FY24
- Jan 30, 2024
Sterlite Power has reported the winning of new orders worth around Rs.1,400 crore for its Global Products and Services (GPS) business in Q3FY24 (October to December 2023). This brings the cumulative order win for the first nine months of Read more
Sterlite Power wins orders worth Rs.2,000 crore in Q2FY24
- Jan 3, 2024
Sterlite Power has witnessed a substantial surge in orders for its Global Products and Services (GPS) business during Q2 of FY24, a company release said. The orders, totaling around Rs.2,000 crore, signify a remarkable increase of Rs.700 crore as Read more
Sterlite Power acquires Neemrana II Kotputli Transmission Ltd
- Dec 28, 2023
Sterlite Power has announced the acquisition of project SPV “Neemrana II Kotputli Transmission Ltd” from bid process coordinator PFC Consulting Ltd. The project was awarded to Sterlite Power through the tariff based competitive bidding (TBCB) process in November 2023.Through Read more
Sterlite Power wins its third green energy transmission project in Rajasthan
- Nov 30, 2023
Sterlite Power has won its third green energy evacuation scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) mode. In a release, Sterlite Power announced that it has secured the order for Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B transmission Read more
PFCCL qualifies bidders for Bikaner complex transmission schemes
- Nov 22, 2023
Bid process coordinator PFC Consulting Ltd (PFCCL) has shortlisted bidders for four interstate transmission system (ISTS) schemes being awarded under the tariff-based competitive bidding (TBCB) route. All the four schemes are associated with renewable energy evacuation Read more
Three in race for Halvad transmission project
- Nov 21, 2023
Three entities are in the fray for developing an interstate transmission system (ISTS) scheme housed under project SPV “Halvad Transmission Ltd.” It is learnt that Power Grid Corporation of India Ltd (PGCIL), Sterlite Power and Adani Read more
Sterlite Power to demerge power transmission business
- Nov 3, 2023
Sterlite Power Transmission Ltd (SPTL) has announced the strategic decision to demerge its Power Transmission Infrastructure business (BOT model), spread across India and Brazil. The Power Transmission Infrastructure business encompasses the transmission assets in India and Brazil, which will Read more