Key Milestones
Our Core Values of Innovation, Social Impact, Respect and Fun guide us in our approach
Commissioned NRSS 29 ahead of schedule; the project was dedicated to the people of J&K by Prime Minister Shri Narendra Modi
2006-2009
Sowing Seeds
- Acquisition of power business from Sterlite Industries Ltd.
- Sterlite Technologies Ltd. (STL) enters the power transmission business
- Expanded power conductor manufacturing capacity
2010-2013
Strengthening Roots
- Sterlite Power (as a division of STL) awarded India’s first Independent Power Transmission Project under Tariff Based Competitive Bidding (TBCB) regime
- Set up power cable manufacturing facility in Haridwar, Uttarakhand
- Awarded India's first 765 kV private project - Bhopal Dhule Transmission Ltd.
- Established Master System Integrator (MSI) service line, in Gujarat (GETCO), West Bengal (WB/PGCIL), Telangana (TSTRANSCO) & UP (UPPTCL)
- Awarded RAPP Transmission Company Ltd. (RTCL) project with 403 ckm in Madhya Pradesh and Rajasthan and PKTCL with 545 ckm in Jharkhand and West Bengal
2014-2015
Nurturing Growth
- Attracted private equity investment of `5 Bn (US$ 714 Mn) from Standard Chartered Private Equity
- Commissioned our first inter-state project, ENICL (East-Northern Interconnection Company Ltd.), in Assam-Bengal-Bihar
- Awarded NRSS 29, a project in the challenging terrain of Jammu & Kashmir (J&K) with route length of 887 ckm
- Commissioned our second project BDTCL in Bhopal-Dhule
- Awarded MTCL project in Telangana, taking our total project count to seven
- Became first private transmission developer to win an award from the Ministry of Power for early commissioning of 765/400 kV Dhule substation
2016-2017
Spreading Branches
- Became first developer to commission a TBCB project, RTCL (RAPP Transmission Company Limited), ahead of schedule
- Commissioned the Jalandhar-Samba line - a key section of NRSS 29, the transmission corridor in Northern India 12 months ahead of schedule
- Raised India’s first AAA (SO) rated infrastructure bonds without Government guarantee for transmission projects
- Invested in Finland-based Sharper Shape for UAV-based technology
- Deployed helicranes to set up a power transmission line in the mountainous terrain of J&K in partnership with Erickson Inc.
- Demerged from STL
- Delivered India's first Smart Line (a combination of high performance conductors, optical ground wire and communication lines)
- Won two projects in Brazil, making us the first Indian transmission infrastructure developer to enter the global market
- IndiGrid listed on Indian stock exchanges; Sterlite Power transferred 2 projects to IndiGrid
- Won Novo Estado, the largest project in Brazil Transmission Auction, increasing the total Latin American transmission portfolio to US$ 1 Bn
- Awarded the largest uprate and upgrade project in Kerala
2018-now
Great Leap Forward
- Acquired 28.4% stake in the transmission infrastructure business from Standard Chartered Private Equity for `1,010 Cr (US$ 144 Mn)
- OPGW facility received 17025:2005 accreditation by National Accreditation Board for Testing and Calibration Laboratories (NABL)
- Received the largest global order of ~`300 Cr (US$ 42 Mn) from GS S Korea for supply of High-Performance Conductor (ACCC)
- Won 6 new transmission projects in Brazil to take the total capex to US$ 2 Bn
- Commissioned NRSS 29 ahead of schedule; the project was dedicated to the people of J&K by Prime Minister Shri Narendra Modi
- Successfully heralded ‘Zero Shutdown’ capability in India, with the reconductoring of a 66 kV transmission line in ‘live line conditions’ in Bengaluru
- Agreement with IndiGrid for sale of five transmission assets from Sterlite Power worth `11,500 Cr (US$ 1.64 Bn)
- Bagged its first underground Master System Integrator (MSI) project with Geographic Information System (GIS) substation
- Completed OGPTL projects 10 months ahead of schedule
- Won Pampa project, another prestigious transmission project in Brazil; taking our Brazil project count to 10
- Successfully commissioned Arcoverde – our first project in Brazil, 28 months ahead of schedule