Sterlite Power acquires SPV for Transmission System for Evacuation of Power in Khavda, Gujarat under Phase-IV (7 GW): Part C

New Delhi, 02 September, 2024: Sterlite Power, a leading power transmission developer and global products and services provider, has secured Khavda Phase-IV (7GW): Part C project to develop the transmission system for evacuating power from the potential renewable energy zone in the Khavda region. This order win marks Sterlite Power’s second venture into green energy […]

Sterlite Power Named Among India’s Best Workplaces™ for Millennials 2024 by Great Place to Work® India

New Delhi, 22 August 2024: Sterlite Power, a global power transmission infrastructure developer and solutions provider, has been recognized by the prestigious Great Place to Work® India as one of India’s Best WorkplacesTM for Millennials 2024 – Mid-size. This recognition reinforces the company’s commitment to fostering workplaces that epitomize forward-thinking leadership and prioritize the holistic […]

Sterlite Power secures new orders worth INR 1500 crores in Q1 FY’25

Records a 15% quarter-on-quarter (QoQ) increase in Order booking from Q1’FY24 Maintained our Market position in Domestic Market and forayed into new exports regions New Delhi, 07 August 2024 — Sterlite Power, a leading global power products and solutions provider has bagged orders worth INR 1,500 crores across its Global Products and Services (GPS) business […]

Twin Honours for Sterlite Power: Recognized by Great Place To Work® India

Sterlite Power Among Top 50: India’s Great Mid-Size Workplaces ™ & the Best in Energy, Oil & Gas New Delhi, 21st June 2024: Sterlite Power, a global power transmission infrastructure developer and solutions provider, has yet again been recognized by the prestigious Great Place to Work® India. Recognized as one of India’s Top 50 Great […]

Sterlite Power Secures Funding Worth INR 1373 crore from PFC for Neemrana II Kotputli Transmission Project

New Delhi, 30 May, 2024: Sterlite Power, a leading power transmission company, has successfully achieved financial closure for its Neemrana II Kotputli Transmission Limited (NKTL) project. The project has secured funds totaling INR 1373 crore from Power Finance Corporation (PFC), a Maharatna Public Sector Enterprise. Commenting on this milestone, Raji George, Director-Corporate Finance, Sterlite Power, […]

Sterlite Power Receives Stakeholders’ Approval for Demerger of Transmission Business from SPTL

New Delhi, May 23, 2024: Sterlite Power Transmission Limited (SPTL), a leading power transmission developer and global products and solutions provider in India and Brazil, announced it has received approval from its equity shareholders, secured creditors, unsecured creditors, and non-fund-based lenders for the demerger of its transmission business. The vote on the demerger proposal received […]

Sterlite Power appoints Reshu Madan as CEO, Global Products & Services Business

New Delhi, May 06, 2024 – Sterlite Power, a leading global developer of power transmission, today announced the appointment of Reshu Madan as Chief Executive Officer, Global Products & Services (GPS) business. He succeeds Manish Agarwal who has decided to pursue an opportunity outside the company. Reshu will work closely with Manish Agarwal for a […]

Sterlite Power wins new orders worth INR 2,500 crores in Q4 FY24

Records a 35% year-on-year (YoY) increase in Order booking from FY23 Sterlite Power, a leading power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new orders worth INR 2,500 crores for its Global Products and Services (GPS) business unit in Q4. This takes the company’s cumulative […]

Sterlite Power and GIC announce joint venture to create a power transmission platform in India

Sterlite Power and GIC announce joint venture to create a power transmission platform in India The JV platform will be well-positioned to target the new opportunities emerging from the need for over USD 13.0 billion of CAPEX announced by the Government of India. Sterlite Power, one of India’s leading private power transmission developers, and an […]

Sterlite Power Successfully Concludes Refinancing of LVTPL Green Energy Corridor Project in Gujarat

New Delhi, February 14th, 2024: Sterlite Power, a leading power transmission developer and global products and services provider, announced the successful refinancing of the Lakadia-Vadodara Transmission project loan within 12 months of the project becoming fully operational in January 2023. The new financing from HDFC Bank, IIFCL and Bank of Baroda will enable prepayment of the […]