Sterlite Electric Ltd (formerly, Sterlite Power Transmission Ltd), has filed its Draft Red Herring Prospectus (DRHP) with the Securities & Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The IPO comprises a fresh issue of up Read more
Sterlite Electric Ltd (formerly known as Sterlite Power Transmission Ltd) has secured Rs.1,500 crore in total orders during Q1FY26, driven by green energy and exports. This strong start to the fiscal year reflects sustained demand for the company’s advanced Read more
Sterlite Power Transmission Ltd (STPL) has received approval from its equity shareholders, secured creditors, unsecured creditors, and non-fund-based lenders for the demerger of its transmission business. In a release, STPL said that the vote on the demerger proposal received Read more
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
Sterlite Power has bagged orders worth Rs.3,800 crore for transmission uprate projects, high-performance conductors and EHV cables, during the first three quarters (April to December) of FY23. In a release, Sterlite Power said that these orders falling under the Read more
The India Grid Trust (IndiGrid), sponsored by Sterlite Power Grid Ventures Ltd, one of India’s leading private power transmission companies, is India’s first infrastructure investment trust (InvIT) in the power Read more