Sterlite Power acquires stake in MTCIL JV for OPGW Fiber Network in Maharashtra

Acquisition of 64.98% equity stake in MTCIL JV from Sterlite Technologies Limited This acquisition is in line with Sterlite Power’s strategy to establish a strong OPGW fiber network in the country utilizing overhead Right-of-way of Power Utilities New Delhi, 18thApril2022: Sterlite Powerhas announced acquisition of 64.98% equity stake in Maharashtra Transmission Communication Infrastructure Limited(“MTCIL”) – a […]

Sterlite Power issues BRL 600 million in debentures

Sterlite Power issues BRL 600 million in debentures Debentures issue coordinated by theItaú and Modal bank reinforces the company’s long-term commitment to the national electricity sector in Brazil New Delhi, 4th April 2022: Sterlite Power Brasil, a subsidiary of the Indian corporation Sterlite Power Transmission Ltd, a company that develops energy transmission projects, announces the issuance […]

Sterlite Power Wins Second Power Transmission Project in Jammu &Kashmir

LOI received for Transmission System Project for evacuation of power from Pakaldul Hydro Electric Project (HEP)in Chenab Valley; estimated COD by April 2025 Kishtwar substation will serve as pooling station for multiple HEPs planned in the region & critical for providing ISTS connectivity to these plantsto northern region of India 400kV GIS substation to be […]

Sterlite Power successfully concludes refinancing of Khargone Transmission Project for INR 1200 crores

New financing secured from Aseem Infrastructure Finance Limited, NIIF Infrastructure Finance Limited and Aditya Birla Finance Limited. New Delhi, 21 March 2022: Sterlite Power, a leading power transmission developer and solutions provider, announced the successful refinancing of its project loan for the recently commissioned Khargone Transmission Project. The new financing from Aseem Infrastructure Finance Limited […]

EdIndia Foundation and UNESCO MGIEP to train 10,000 Government Teachers on Digital Learning

EdIndia Foundation and UNESCO MGIEP to train 10,000 Government Teachers on Digital Learning  New Delhi, 16th March 2022: EdIndia Foundation, the strategic CSR arm of Sterlite Power, has announced its partnership with the UNESCO Mahatma Gandhi Institute of Education for Peace and Sustainable Development (UNESCO MGIEP), to train more than 10,000 teachers in India. This partnership will […]

Sterlite Power wins the prestigious Aegis Graham Bell Award for ‘Innovation in Telecom Infra’

New Delhi, 14 March 2022: Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been recognized at the 12th edition of the Aegis Graham Bell Awards. Sterlite Power’s Convergence business unit, which leverages existing power utility infrastructure for telecommunications purposes, won in the category of “Innovation in Telecom Infra” for its […]

Sterlite Power secures INR 440crores funding from Tata Cleantech Capital for Nangalbibra – Bongaigaon project

Sterlite Power secures INR 440crores funding from Tata Cleantech Capital for Nangalbibra-Bongaigaon project New Delhi, 7thMarch 2022: Sterlite Power Transmission Limited (“Company” or “Sterlite Power”), a leading private sector power transmission infrastructure developer and solutions provider, has achieved financial closure for its Nangalbibra – BongaigaonTransmission Limited (NBTL) project. It has successfully secured the entire debt funding […]

Sterlite Power completes Vineyards Project in Brazil

Sterlite Power completes Vineyards Project in Brazil New Delhi, 15February 2022: Sterlite Brazil Participações S.A. (“Sterlite Brazil”), a subsidiary of Indian company Sterlite Power Transmission Limited (the “Company”), a company that develops transmission projects, completed the Vineyards project in Rio Grande do Sul. The third and last stretch oftransmission line has 49km between the substations of […]

Sterlite Power successfully completes ownership transfer in IndiGrid Investment Managers Limited (IIML)

Sterlite Power successfully completes ownership transfer in IndiGrid Investment Managers Limited (IIML) Concludes sale of 26% equity holding of IIML – Investment Manager of India Grid Trust, to Electron – an affiliate of KKR & Co. New Delhi, 14 January 2022: Sterlite Power Transmission Limited (“Company” or “Sterlite Power”), a leading private sector power transmission […]

Sterlite Power wins IDC Industry Innovation award 2021 for ‘Innovation in Data Intelligence’

Sterlite Power wins IDC Industry Innovation award 2021 for ‘Innovation in Data Intelligence’ New Delhi, 12 January 2022: Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been recognized at the eighth edition of the IDC Industry Innovation Awards (IDCIIA) 2021 in the “Innovation in Data Intelligence” category. Sterlite Powerhas […]