Sterlite Power and Vinci Partners announce a strategic partnership in the power transmission sector for the purchase of Vineyards Project

Sterlite Power and Vinci Partners announce a strategic partnership in the power transmission sector for the purchase of Vineyards Project Sterlite Power’s Vineyards Project, which is already 95% complete and is partially operational with 70% RAP since January 2020, has 112 km of transmission lines, two new substations of 496 MVA, and expansion of four […]

IndiGrid completes India’s largest transmission asset acquisition

IndiGrid completes India’s largest transmission asset acquisition Acquisition of NER-II from Sterlite Power elevates AUM to ~INR 20,000 Cr Key Highlights NER-II acquired from Sterlite Power at an enterprise value of ~INR 4,625 Cr NER-II consists of 2 Substations of ~1,260 MVA capacity and 4 Transmission Lines across ~830 ckms Acquisition to add ~INR 40-45 […]

Sterlite Power elevates Manish Agarwal as CEO of Infrastructure & Solutions Business

Sterlite Power elevates Manish Agarwal as CEO of Infrastructure & Solutions Business New Delhi, 25 February 2021: Sterlite Power, a leading global developer of power transmission, today announced the elevation of Manish Agarwal as CEO of the Infrastructure business, in addition to his existing role as CEO for the Solutions Business. Manish has been associated with the […]

Sterlite Power appoints Amitabh Prasad as Brazil CEO effective 1st February 2021

Sterlite Power appoints Amitabh Prasad as Brazil CEO effective 1st February 2021 Ricardo Cleber Zangirolami moves on to become member of the company’s Brazil Advisory Board Sao Paulo, Brazil, 14 January 2021: Sterlite Power, a leading global developer of power transmission, today announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of […]

Sterlite Power completes merger of subsidiary and announces consolidated PAT of INR 942 Cr for FY 2020

Sterlite Power completes merger of subsidiary and announces consolidated PAT of INR 942 Cr for FY 2020 Reiterates robust operating performance with profitable growth and increasing focus on transportation of renewable energy New Delhi, 13 January 2021: Sterlite Power, a leading global power transmission player, has announced the completion of merger of its wholly owned subsidiary Sterlite […]

Sterlite Power successfully raises INR 200 Cr from Allianz Global Investors

Sterlite Power successfully raises INR 200 Cr from Allianz Global Investors New Delhi, 11 January 2021: Sterlite Power, a leading global power transmission player, announced today that it has raised INR 200 crore in debt financing from Allianz Global Investors (Allianz GI) – one of the world’s leading investment managers with focus on sustainable investments. […]

AMP Capital establishes energy transmission platform in India with Sterlite Power

AMP Capital establishes energy transmission platform in India with Sterlite Power – Both invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first […]

Sterlite Power’s Pioneering Robotics Technology Skyrob™ Wins at The Economic Times Innovation Awards 2020

Sterlite Power’s Pioneering Robotics Technology Skyrob™ Wins at The Economic Times Innovation Awards 2020 New Delhi, 25th November 2020: Sterlite Power, a leading global power transmission player, has been awarded the prestigious ET Innovation Awards 2020 for Skyrob™, a pioneering semi-autonomous robotics solution which has been developed inhouse. Sterlite Power was the winner in the […]

EdIndia rolls-out state-wide Post-Covid teaching package for Uttarakhand Primary Schools

EdIndia rolls-out state-wide Post-Covid teaching package for Uttarakhand Primary Schools ·       EdIndia collaborates with the State of Uttarakhand for state-wide teacher capacity building on digital pedagogy Mumbai, 09 November 2020: EdIndia, the strategic CSR arm of Sterlite Power, has collaborated with Uttarakhand Education Department, in order to address the teaching-learning challenges in post-covid classrooms. EdIndia launched a […]

Sterlite Power Wins Twin Honours At The IPMA Global Project Excellence Award 2020

Sterlite Power Wins Twin Honours At The IPMA Global Project Excellence Award 2020 Receives the highest honour of ‘Gold award’ in the Small/Medium-sized project category for “1.1 km Ganga river crossing for Purnia-Bihar Shariff transmission line project with ACCC technology” Wins ‘Bronze Award’ in Large-sized project category for “Gurgaon Palwal Transmission project sporting India’s first […]