sterlite power
Early completion envisaged for Udupi-Kasargode Transmission Scheme
- Oct 24, 2020
The 400kV Udupi-Kasargode transmission system being developed by Sterlite Power, under tariff-based competitive bidding (TBCB) mode, is envisaged for completion by March 2022, which will be eight months ahead of schedule. EPC contracts for major project elements have Read more
Bihar state transco completes reconductoring project
- Oct 6, 2020
Bihar State Power Transmission Company Ltd (BSPTCL) has successfully completed three more reconductor projects using ACCC® Casablanca, a release from CTC Global, the owners of ACCC technology said. The reconductoring project involved replacing existing ACSR Panther-size conductors. With the Read more
Sterlite Power recognised amongst The Economic Times Best Brands 2020
- Oct 5, 2020
Global power transmission player Sterlite Power has been recognised as one of the Economic Times Best Brands 2020 at a virtual gala ceremony held on September 28, 2020. Commenting on the recognition, Pratik Agarwal, Managing Director, Sterlite Power, in Read more
Delayed clearance stymies Khandwa-Dhule transmission line
- Sep 14, 2020
The 765kV Khandwa Pool-Dhule power transmission line is facing challenges in its last leg of completion, an official report states. The 379-ckm 765kV Khandwa Pool-Dhule double-circuit transmission line passing through Madhya Pradesh and Maharashtra is facing land-related obstacles in Read more
Sterlite Power sells stake in IndiGrid, exits role as sponsor
- Aug 15, 2020
Sterlite Power has successfully sold of its 14.7 per cent stake in India Grid Trust (IndiGrid) to institutional and high net worth individuals (HNI) investors. Sterlite Power is the sponsor of IndiGrid, India’s first power sector InvIT, which saw Read more
Sterlite Power refinances loan for Gurgaon-Palwal project
- Jul 7, 2020
Sterlite Power has announced the successful refinancing of the loan for Gurgaon Palwal Transmission Ltd project, within three months of the project becoming fully operational in April 2020. Refinancing has resulted in an almost 300 bps reduction in Read more
IndiGrid board approves acquisition of GPTL from Sterlite Power
- Apr 10, 2020
The Board of the Investment Manager of IndiGrid, India’s first InvIT in the power sector, has approved the acquisition of Gurgaon Palwal Transmission Ltd (“GPTL”) from Sterlite Power, at a value of up to Rs.10.80 billion (US$ 140 Read more
IndiGrid acquires ninth power transmission asset from Sterlite Power
- Mar 23, 2020
India Grid Trust (“IndiGrid”), India’s leading infrastructure investment trust, has announced the acquisition of another transmission asset, East North Interconnection Company Ltd (ENICL), from Sterlite Power at a value of $134 million. With this acquisition, IndiGrid’s AUM will Read more
Sterlite Power to deploy robotic technology for OPGW stringing
- Aug 29, 2019
Sterlite Power, in a release, said that it has pioneered robotic technology for the installation of optical ground wire (OPGW) on high voltage power transmission lines under energized (‘live-line’) conditions. For the first time in India, this method Read more
Sterlite Power delivers its first Brazilian project 28 months ahead of schedule
- May 15, 2019
Sterlite Power has completed construction on its first power transmission concession in Brazil, 28 months ahead of the scheduled date. Sterlite Power celebrates the kickoff of operations in the Arcoverde project. This is the first of 10 projects assigned Read more