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Latest Articles in Sterlite Power

Sterlite Power Elevates Manish Agarwal As CEO Of Infrastructure & Solutions Business

Prior to his role elevation, he was CEO of the Solutions Business which focuses on brownfield transmission comprising of Master Systems Integration (MSI) and manufacturing of underground power cables and overhead products including High Performance Conductor & OPGW.

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Sterlite Power Appoints Amitabh Prasad As Brazil CEO

He will continue to support the company in his capacity as member of the Advisory Board with focus on M&A, Regulatory and Legal. These changes are effective February 1st, 2021 subject to necessary approvals.

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Sterlite Power Selected As 2020 S&P Global Platts Global Energy Awards Finalist In Three Categories

Sterlite Power has been selected as finalist for Chief Trailblazer of the Year, Construction Project of the Year and Emerging Technology of the Year Awards in the S&P Global Platts Global Energy Awards 2020.

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IndiGrid Completes Rs 1,080 Cr Acquisition Of GPTL Transmission Project

The acquisition of GPTL was envisaged as part of the framework agreement signed with Sterlite Power in April 2019 for the acquisition of three assets upon commissioning.

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Anoop Seth Joins Sterlite Power’s Board of Directors

He has held leadership positions in companies such as AMP Capital, Bank of America, Bechtel Corp, IDFC, Reliance Industries, Standard Chartered Bank, and IL&FS Energy.

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Sterlite Power Concludes Refinancing of Gurgaon Palwal Transmission Project With HDFC Bank

The new facility has been availed at significantly favourable terms demonstrating the considerably improved risk profile of the project post achievement of CoD (Date of Commercial Operation).

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Sterlite Power Acquires VNLTL SPV From PFC Consulting

PFC Consulting Ltd (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation (PFC), the non-banking finance company under the Ministry of Power.

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Sterlite Power Acquires WRSS-XIX & NERSS-IX Strengthening Scheme From PFC

The Western Region Strengthening Scheme – XIX (WRSS-XIX) involves setting up of 318 ckm of lines and 1000 MVA transformation capacity across three distinct parts:

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IndiGrid Acquires Transmission Asset From Sterlite Power For Rs 1,020 Crore

IndiGrid's asset portfolio will increase to nine power transmission projects with a total network of 20 power transmission lines spanning across more than 5,800 circuit kilometres across 13 Indian states.

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With Successful Divestment of Assets, Sterlite Power in Brazil Advances its Business Strategy in the Country

Acquired by FIP Brasil Energia and CYMI Construções, Project Pampa (RS) contemplates the construction of three power transmission lines, totaling 316 km in length, two substations and a transformation capacity of 1,544 MVA, scheduled for completion in March 2023

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Indigrid Proposes To Acquire ENICL For Rs 1,020 Crore

The acquisition will be funded by internal accruals, proceeds from the preference issue done in May 2019 and new debt.

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