Pratik Agarwal

Sterlite Announces Fin Closure For Beawar Project From REC

In yet another indicator of the improved funding environment for larger power projects, especially in the renewables sector, Sterlite Power, has  announced a financial closure for its Beawar Transmission Limited (BTL) project. Sterlite project has secured funds totaling INR 2400 Cr. from REC Power Development and Consultancy Limited, a wholly owned subsidiary of Rural Electricity […]

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Serentica Renewables In INR 3500 Cr Debt Deal For Its 530 MW RTC Project

Serentica Renewables, which has quickly emerged as a leading C&I focused renewable energy developer in India within 2 years, announced the signing of its first international and commercial bank foreign currency loan worth INR 3500 crores (US$425 million) for its Round-The-Clock renewable energy project in India. The transaction brings together a consortium of three international […]

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Serentica Secures INR 2600 Cr Funding from PFC for Green Projects

Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […]

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Sterlite Power Commissions its Sixth Power Transmission Project in Brazil

Sterlite Power, a power transmission developer and solutions provider, has commissioned a transmission project in Brazil. The Marituba Transmission Project is the sixth power transmission project commissioned successfully by the firm in Brazil. Built with an investment of INR 1,600 crore, Project Marituba involved developing a 344 km long 500kV transmission corridor connecting Brazil’s largest […]

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Serentica Partners for Contracts Worth INR 10,000 cr for Phase 1 of RE Projects

Renewable energy platform Serentica Renewables has announced successful placement of contracts worth INR 10,000 crore for its upcoming renewable energy projects. The contracts placed upon leading renewable energy solution providers will enable Serentica to develop 1.5 GW of renewable energy capacity in India. Serentica is setting up solar and wind capacities across the states of […]

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Sterlite Power Successfully Commissions its Largest Green Energy Corridor Project in Gujarat

Sterlite Power, a leading power transmission company in India and Brazil, announced the successful commissioning of its green energy corridor project – Lakadia-Vadodara Transmission Project Limited (LVTPL). The project aims to deliver more than 5000 MW of power from renewable rich regions of Bhuj and Kutch to the national grid – a step towards accelerating […]

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Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka

Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […]

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Sterlite Power Commissions ₹1662 cr Transmission Project in MP

Sterlite Power Transmission Limited has announced the successful commissioning of the Khargone Transmission Limited (KTL) project worth INR 1,662 crore in Madhya Pradesh. The company is a private sector power transmission infrastructure developer and solutions provider. The project will evacuate 1320 MW of power generated by the Khargone power plant to 765 kV Khandwa substation […]

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Octopus Energy, Sterlite Power Sign MOU For Green Power Systems

UK based  1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […]

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