Page 2 - Sterlite Power

Sterlite Power offloads 14.7% stake in IndiGrid for Rs 840 crore

IndiGrid is India's first infrastructure investment trust in the power sector

Sterlite Power buys PFC Consulting's transmission SPV for undisclosed sum

The acquisition is part of a project win, which Sterlite bagged through competitive bidding

Sterlite Power acquires Lakadia-Vadodara Transmission Project from PFC

Power Finance Corporation arm PFC Consulting is the nodal agency for auctioning power transmission projects in the country

Sterlite commissions first power project in Brazil ahead of schedule

The project boasts 400 MVA in power, covers 139 km of transmission lines, 281 towers and a new substation (Arcoverde II), besides expanding two other substations in the region

Power transmission capacity for Kashmir increased by 70%: Sterlite Power

The 414-km-long Northern Region Strengthening Scheme by Sterlite Power will ensure reliable access to power for the Valley

Sterlite Power wins six transmission projects in Brazil, to invest $2 bn

The six transmission projects that the company won entails 23 sub stations; 2,000 ckm of lines and 5,500 MVA of transformation capacity

India's Sterlite, China's State Grid win Brazil power licenses

Sterlite, which debuted in Brazil last year, clinched six projects that will require around 3.6 billion reais to build

Anti-Sterlite stir claims two lives, TN calls for shutdown of copper unit

Agitation crosses 100 days, was initiated after company, which represents Vedanta's copper business, announced expansion of its unit

Sterlite Power eyes $4 bn investment in energy projects in Brazil by 2022

Sao Paulo will be our headquarters in Latin America to look beyond Brazil, said Sterlite Group CEO Pratik Agarwal

Sterlite Power bags $47mn order from GS S Korea for heavy duty conductors

The ACCC will be used for a new 400kv transmission line in a Bangladesh project

Sterlite Power goes global, eyes international power transmission projects

Sterlite Power has 13 assets in India with 8,000 ckms of transmission lines commissioned or under construction

Sterlite Power to invest $10 bn in transmission lines to expand business

The company currently has a portfolio of 15 projects, both completed and under-construction, across India (13 in total) and Brazil worth $4 billion

Sterlite Power buys StanChart stake PE to fully own power transmission biz

Transmission infrastructure developer Sterlite Power on Monday said the company bought back a 28.4% stake from Standard Chartered private equity (SCPE) in its transmission infrastructure business. With the Rs10.10 Billion worth transaction, Sterlite will now own 100% stake in this business."Sterlite Power has acquired the 28.4% stake in its transmission infrastructure business from Standard Chartered Private Equity (SCPE). With this acquisition, Sterlite Power holds 100 % stake in the business. Sterlite Power had attracted an investment of Rs5 Billion in 2014 from SCPE which was the first private foreign investment in the Indian transmission sector," the company said in a media statement. Valued at Rs10.10 Billion, the exit will help SCPE will make two times of its investment made in 2014. According to the company's website, Sterlite Power has close to 30% market share in the Tariff Based Competitive Bidding segment for transmission infrastructure projects.Sterlite Power has power ...

Sterlite Power wins third project worth $800 mn in Brazil, beats Power Grid

Sterlite's investment in Brazil has crossed over a $1 billion, the largest ever by an Indian company in Latin America

Sterlite Power lowers InvIT IPO size to Rs 2,250 cr

The IPO, which will be second in this segment, will open on May 17 and close on May 19

Sterlite Power commissions Purulia-Kharagpur project

The line will contribute to the growing generation capacity in eastern India

Sterlite Power files papers to raise Rs 2,650 cr via InvIT

Sebi last month granted approval to Sterlite Power Grid Ventures to launch an InvIT, IndiGrid to raise money

Sterlite Power picks stake in Finnish Drone service provider

To use aerial inspection for Indian power projects