Sterlite Power acquires 28.4% stake in its transmission infrastructure business from Standard Chartered Private Equity for INR 1,010 Cr

Highest absolute return in the Power and Utilities sector in India Standard Chartered set to make 2 x returns in a short span of 3.5 years Sterlite Power has acquired the 28.4% stake in its transmission infrastructure business from Standard Chartered Private Equity (SCPE). With this acquisition, Sterlite Power holds 100 % stake in the […]

Firdose Vandrevala joins Sterlite Power’s Advisory Board

Mumbai, January 11: Sterlite Power, India’s leading integrated power transmission company, announced the appointment of Firdose Vandrevala as part of its advisory board. He will be responsible for advising the Board and senior management on matters of talent, strategy and operations. “We are committed to bringing onboard accomplished leaders to guide us in our growth journey. Firdose […]

Sterlite Power wins the largest project in Brazil Transmission Auction

Key Highlights Wins third transmission project in Brazil; taking total investment to US $ 1 Billion Largest investment by an Indian company in Latin America Potential to create more than 5500 direct jobs Mumbai, December 18: Sterlite Power participated in the transmission auction held by the Brazilian Government last Friday, and won the largest lot […]

Sterlite Power project to supply over 1,200 MW electricity to Ranchi and Purulia

Sterlite Power, India’s leading private developer of independent power transmission systems, has set another benchmark by commissioning the Purulia-Kharagpur Transmission Project. The project consists of two 400-kV Double Circuit lines with a total length of 273 Km including the 112-km long Purulia-Ranchi and 161-Km long Kharagpur-Chaibasa lines. Sterlite Power will operate and maintain the project, […]

Sterlite Power Achieves Financial Closure for Transmission Project – YES BANK underwrites Project Finance Facility of INR 800 Crores

Sterlite Power Transmission Limited (Sterlite Power) has achieved financial closure for its transmission Project that will increase electricity supply to residential, commercial and industrial establishments in parts of Haryana. The transmission project will increase power supply by 2,000-3,000 MW to the energy starved region and strengthen the transmission network. The financial closure was achieved by […]

Sterlite Power Bags CBIP Award for Innovative Technologies in Transmission Sector

Sterlite Power Transmission Limited (Sterlite Power), India’s leading power transmission company, has been honoured by the Central Board of Irrigation and Power (CBIP) for setting new benchmarks in India’s power transmission sector and bringing advanced and innovative technologies to speed up energy delivery. Sterlite Power Bags CBIP Award for Innovative Technologies in Transmission Sector Sterlite Power […]

Sterlite Power and Sharper Shape to use drones for power-line monitoring in India

Palo Alto-based Sharper Shape, the global market leader of automated drone-based asset inspections, and Sterlite Power, India’s leading power transmission company, today announced a strategic partnership to provide drone inspection services for utility assets in India. As part of the cooperation, Sterlite Power will make a minority investment into Sharper Shape to foster Indian market […]

Sterlite Grid becomes India’s 1st to deploy Aircrane for power transmission project; partners US’ Erickson for aerial expertise

# Sterlite Grid will install 160 transmission towers in the topographically challenging PirPanjal range using Erickson’s Aircrane helicopter # Erickson’srobust aerial technology & expertise will enable Sterlite Grid to commission the project 10 months ahead of schedule # Project will ensure efficient power supply to Jammu & Kashmir and Leh-Ladakhregions. Over 1,000 MW of power […]

Sterlite Grid partners Sharper Shape for UAV technology

The partnership will deliver cutting-edge surveillance & maintenance technologies to improve efficiencies in Indian Transmission & Development sector India’s largest private developer of independent transmission systems, Sterlite Grid and Finland’s leading UAV solutions provider, Sharper Shape, have entered into a strategic partnership to deliver cutting-edge UAV technologiesfor the power transmission industry. The alliance will provide […]

Sterlite Grid successfully issued India’s first AAA (SO) rated Transmission Bonds

India’s first AAA (SO) rated infrastructure bond without any Government guarantee Longest tenure Infrastructure bond in the private sector Another 2500 crores bond issuance for similar projects are in the pipeline. New Delhi (January 23, 2016): Sterlite Power Grid Ventures Ltd. (Sterlite Grid), India’s largest private developer of independent power transmission systems successfully closed Rs 925 […]