Sterlite Power and GIC announce joint venture to create a power transmission platform in India

The JV platform will be well-positioned to target the new opportunities emerging from the need for over USD 13.0 billion of CAPEX announced by the Government of India. Sterlite Power, one of India’s leading private power transmission developers, and an affiliate of GIC have announced the signing of definitive agreements to set-up a new platform […]

Sterlite Power Successfully Concludes Refinancing of LVTPL Green Energy Corridor Project in Gujarat

New Delhi, February 14th, 2024: Sterlite Power, a leading power transmission developer and global products and services provider, announced the successful refinancing of the Lakadia-Vadodara Transmission project loan within 12 months of the project becoming fully operational in January 2023. The new financing from HDFC Bank, IIFCL and Bank of Baroda will enable prepayment of […]

Sterlite Power Announces Financial Closure of Beawar Transmission
Limited Project Worth ~ INR 2400 Cr from REC Limited

New Delhi, February 12, 2024:  Sterlite Power, a leading power transmission developer and global products and services provider, has successfully achieved financial closure for its Beawar Transmission Limited (BTL) project. The project has secured funds totaling ~INR 2400 crore from REC Power Development and Consultancy Limited – a wholly owned subsidiary of Rural Electricity Corporation. […]

Sterlite Power secures new orders worth INR 1,400 Crores in Q3 FY ’24

– New order wins in the first 9 months of FY 24 stands at 4,700 for its GPS business – Major orders secured for supply of high-performance conductors, OPGW and power cablesduring the period October to December 2023 New Delhi, 30 January 2024 — Sterlite Power has continued its robust performance with new orders worth […]

Sterlite Power is Great Place To Work-Certified™ Three Years in a Row

New Delhi, 30th January 2024: Sterlite Power, a global power transmission infrastructure developer and solutions provider, has received the prestigious Great Place to Work® Certification by the Great Place to Work® Institute, three years in a row. One of the most coveted ‘Employer-of-Choice’ recognitions in the industry, it reinforces the organisation’s standing as one of the […]

Sterlite Power’s Orderbook strengthens with new orders worth INR 2,000 Crores in Q2 FY ’24

Clocks a significant INR 700 crore increase in order wins, from Q1 FY24. New Delhi, 3rd January 2024— Sterlite Power, a leading power transmission developer and global products and services provider, has secured a substantial surge in orders for its Global Products and Services (GPS) business during Q2 FY’24. The orders, totaling ~INR 2,000 crores, […]

Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC

New Delhi, 28th December 2023: Sterlite Power, a leading power transmission developer and solutions provider in India and Brazil, announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a Maharatna Public Sector Enterprise. […]

Sterlite Power wins 8 GW Green Energy Transmission Project in Rajasthan

Secures LOI for Rajasthan REZ Ph-IV (Part-1) (Bikaner Complex): Part-B Transmission Project New Delhi, 30th Nov, 2023: Sterlite Power, a leading private sector power transmission developer, has secured the order for Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B Transmission project. With this order win, Sterlite Power has secured its third Green Energy Corridor (GEC) project in the state […]

Sterlite Power to unlock value; Demerges Transmission & Products Business

New Delhi, 3rd Nov 2023: Sterlite Power Transmission Limited (SPTL), a leading power transmission developer and solutions provider in India and Brazil, announced the strategic decision to demerge its Power Transmission Infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the Global Products & Specialised EPC Services […]

Sterlite Power secures new orders worth INR 1,300 Crores in Q1 FY ’24

– New orders secured in domestic market and international regions like Americas, European Union,Africa, and Middle East.– Decarbonization and greening the grid are the primary growth drivers. New Delhi, 10 October 2023— Sterlite Power, a leading global products and solutions provider has bagged orders worth ~INR 1,300 crores across its Global Products & Services business […]