sterlite power
Sterlite Power completes Vineyards Project in Brazil
- Feb 15, 2022
Sterlite Brazil Participações S.A., a subsidiary of Sterlite Power Transmission Ltd, has announced the completion of the Vineyards power transmission project in Rio Grande do Sul, Brazil. In a release, Sterlite Power said that third and last stretch of Read more
TBCB in CY2021: Nine projects completed
- Jan 28, 2022
Nine interstate transmission schemes, under the tariff-based competitive bidding (TBCB) mechanism, were completed in calendar year 2021, according to a special study by T&D India, based on statistics released by Central Electricity Authority. The performance in 2021 compares very Read more
Sterlite Power completes full transfer of residual ownership in IndiGrid
- Jan 15, 2022
Sterlite Power Transmission Ltd (Sterlite Power) has successfully completed the full transfer of its residual ownership in IndiGrid. In a release, Sterlite Power announced the successful sale of its remaining shareholding constituting 26 per cent of Read more
Sterlite Power commissions final element of Khargone transmission scheme
- Jan 4, 2022
Sterlite Power Transmission Ltd has announced full completion of the Khargone transmission scheme in Madhya Pradesh, following the successful commissioning of the sixth and final project element. The Khargone transmission scheme, with an estimated cost of Rs.1,662 crore, will Read more
Octopus Energy and Sterlite Power team up to decarbonise India
- Dec 21, 2021
Octopus Energy Group, an energy technology company, and leading Indian power transmission player Sterlite Power, have signed an agreement that aims to help decarbonise Indian industry and bring cheaper green power to consumers Read more
Sterlite Power plans Rs.250 crore additional capex in Brazilian assets
- Dec 13, 2021
The Brazil-based subsidiary of Sterlite Power will be undertaking additional capital expenditure of around Rs.250 crore in two of its concessions in the South American nation. This capex will be incurred in two concessions – Solaris and Borborema – Read more
Sterlite Power wins transmission project in northeast, in TBCB mode
- Oct 18, 2021
Sterlite Power, in a release, said that it has been awarded the Bongaigaon inter-state power transmission project under the tariff-based competitive bidding (TBCB) mechanism. The project elements consist of a new 220/132kV substation at Nangalbibra (in Meghalaya) and laying Read more
Udupi-Kasargode transmission scheme attains financial closure
- Jun 16, 2021
Sterlite Power has announced the successful financial closure of the project set up by Udupi-Kasargode Transmission Project Ltd (UKTL), after it secured the entire Rs.580-crore debt funding from REC Ltd. The project set up by UKTL is an inter-state Read more
Sterlite Power and Vinci Partners in alliance for Vineyards Project in Brazil
- Apr 15, 2021
Sterlite Power and Vinci Energia (VIGT11), through Vinci Infraestrutura Gestora de Recursos LTDA, announced the formalization of the commitment of first acquisition of issuance of debentures convertible into shares for the Vineyards Project in Brazil. Convertible debentures The transaction foresees Read more
IndiGrid completes acquisition of NER-II Transmission from Sterlite Power
- Mar 26, 2021
India Grid Trust (IndiGrid) has completed its largest transmission project deal by acquiring NER-II Transmission Ltd (“NER-II”) from Sterlite Power at an enterprise value of around Rs.4,625 crore. IndiGrid AUM reaches Rs.20,000 crore With this acquisition, IndiGrid’s assets under management Read more