Sterlite Power

Sterlite Power to Sell its Arcoverde Project in Brazil for About $35.5 Mn

The motive behind the construction of Arcoverde Project was to expand the flow of renewable energy in the State of Pernambuco in Brazil. Global power transmission assets developer Sterlite Power has entered into a sale agreement with V2i Transmissão de Energia S.A. for its Brazilian transmission project called Arcoverde. As per the deal, V2i Transmissao […]

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Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari

The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […]

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Sterlite Power wins IPMA Global Project Excellence Award for NRSS-29 Power Transmission Project in Jammu & Kashmir

Sterlite Power, a global leader in power transmission, has been awarded the coveted ‘Gold’ award in the mega sized projects category at the prestigious Global Project Excellence Award 2019 for its Northern Region Strengthening Scheme (NRSS-29) project in Jammu & Kashmir. The award was presented at the 31st IPMA World Congress held on 1st October […]

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Sterlite Power Raises Funds from Brazilian Market via Debentures

This is an important milestone for the company as its first infrastructure debentures in the Brazilian capital markets. Global power transmission assets developer Sterlite Power has raised funds through its newly issued infrastructure debentures for the Arcoverde Project. Arcoverde Project was the company’s first project in Brazil which was successfully commissioned 28 months ahead of […]

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Sterlite Picks Robotic Technology to Enhance 3X Operational Speed

It will also, significantly, cut short the human intervention required during operations and ensure safety. Global leading developer of power transmission assets Sterlite Power has pioneered robotic technology ‘Skyrob’ for installation of Optical Ground Wire (OPGW) on high voltage power transmission lines under energized (live-line) conditions. Through adoption of this latest technology, the New Delhi-headquartered […]

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Sterlite Power Wins 2 Transmission Projects Worth Over Rs 3000 Crore

Sterlite Power has received a letter of award for two key inter-state transmission projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21. Sterlite Power, India’s leading private power transmission player, has received a letter of award for two key inter-state projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21 (Part B) […]

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Transmission Needs Rs 5 Lakh Cr Investment to Meet $5 Trn Economy’s Energy Needs

According to the estimates, India will be consuming 1.8 trillion units by 2025 as the country’s growth trajectory accelerates, and this requires large investments in the transmission sector, particularly at the state level. In order to fulfill the Prime Minister Modi’s vision of a USD 5 trillion economy over the next few years, it will […]

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Sterlite Power Signs Concession Agreement for the Pampa Project in Rio Grande do Sul

Sterlite Power announced the signing of the Concession Agreement for batch 13, won in auction No. 04/2018. The Director General, ANEEL and authorities representing the Brazilian Government were present for the signing. The agreement was finalized during the first technical management meeting with ANEEL’s Superintendence of Concessions, Permissions and Authorizations for Transmission and Distribution (SCT). […]

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