Sterlite Power Successfully Concludes Refinancing of Gurgaon Palwal Transmission Project with HDFC Bank

Sterlite Power Successfully Concludes Refinancing of Gurgaon Palwal Transmission Project with HDFC Bank New Delhi, 6 July 2020: Sterlite Power, a leading global power transmission player, announced the successful refinancing of the loan for Gurgaon Palwal Transmission Limited [GPTL] project, within 3months of the project becoming fully operational in April 2020. The new financing to prepay […]

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

Sterlite Power Acquires WRSS-XIX & NERSS-IX Strengthening Scheme from PFC WRSS-XIX and NERSS-IX will serve the growing power needs of Mumbai region, and improve renewable power availability across the western and north eastern India New Delhi, 26 June 2020: Sterlite Power, a leading global power transmission player, announced the acquisition of Vapi II North Lakhimpur Transmission […]

Sterlite Power Commissions 765KV Khandwa Substation in Madhya Pradesh

Sterlite Power Commissions 765KV Khandwa Substation in Madhya Pradesh New Delhi, 23, April 2020: Sterlite Power, a leading global power transmission player, commissions the 765kV Khandwa substation in Madhya Pradesh, which is part of the Khargone Transmission Limited (KTL) project. This will play an important role in stepping down the high voltage 1320 MW power from […]

Sterlite Power Commissions Gurgaon Palwal Transmission Project Worth INR 1027 Cr

Sterlite Power Commissions Gurgaon Palwal Transmission Project Worth INR 1027 Cr Connects ~2000 MW additional power to Gurugram to help make it DG set free Builds India’s first vertical GIS substation in the power transmission industry New Delhi, 14 April 2020: Sterlite Power, a leading global power transmission player, today announced the commissioning of Gurgaon Palwal […]

Sterlite Power Partners with Leading EPC and OEM Players from Power Sector to Execute its Green Energy Corridor Project.

Sterlite Power Partners with Leading EPC and OEM Players from Power Sector to Execute its Green Energy Corridor Project New Delhi, 30thMarch 2020: Sterlite Power, a leading global developer in power transmission today announced that it is joining hands with GE T&D India Ltd, Unitech Power Transmission Ltd. (UPTL), Tata Projects Ltd(TPL) and Associate Power Structures […]

IndiGrid completes acquisition of its 9th transmission asset from Sterlite Power with an enterprise value of ~USD 134 Mn (INR 10.2 Bn)

IndiGrid completes acquisition of its 9th transmission asset from Sterlite Power with an enterprise value of ~USD 134 Mn (INR 10.2 Bn) Key Highlights IndiGrid announces acquisition of East North Interconnection Company Limited (“ENICL”) from Sterlite Power for ~USD 134 Mn (INR 10.2 Bn ENICL acquisition to boost IndiGrid’s AUM by 10% to ~USD 1.6 Bn […]

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

With Successful Divestment of Assets, Sterlite Power in Brazil Advances its Business Strategy in the Country New Delhi & São Paulo, Brazil, March 26, 2020 – Sterlite Power in Brazil celebrates another milestone in its history with the conclusion of the sale of three assets from its portfolio in the order of BRL 566 million (US$ […]

Sterlite Power Concludes Sale of Novo Estado

Sterlite Power Concludes Sale of Novo Estado São Paulo, Brazil, March 12, 2020: Sterlite Power, a leading global developer in power transmission today announced that the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) to ENGIE Transmissão de Energia S.A was concluded, with all precedent conditions met. As a result, today onwards, ENGIE detains […]

Sterlite Power Announces Financial Closure of Lakadia Vadodara Transmission Project Worth INR 2,024 Crore from IndusInd Bank and L&T Infrastructure Finance Co Ltd

Sterlite Power Announces Financial Closure of Lakadia Vadodara Transmission Project Worth INR 2,024 Crore from IndusInd Bank and L&T Infrastructure Finance Co Ltd New Delhi, 3rd March 2020: Sterlite Power, a leading global developer in power transmission, has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). This project is part of India’s Green Energy […]

Sterlite Power Signs Technology Agreement with U.S. Based Smart Wires to Bring SmartValve TM to Indian Utilities

Sterlite Power Signs Technology Agreement with U.S.Based Smart Wires to Bring SmartValveTMto Indian Utilities Sterlite Power to offer Indian utilities modular power flow control solutions that make transmission grid efficient and flexible Exclusive arrangement between Sterlite Power and Smart Wires to market the technology in India New Delhi, 22ndJanuary,2020:Sterlite Power, a leading global developer in […]