Sterlite Power

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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Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC

Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a Maharatna Public Sector Enterprise. The project was awarded to […]

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Sterlite Power Wins 8 GW Green Energy Transmission Project in Rajasthan

Sterlite Power, a private sector power transmission developer, has secured an order for Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B Transmission project. With this order win, Sterlite Power has secured its third Green Energy Corridor (GEC) project in the state of Rajasthan. Sterlite Power will be building this project on a BOOT (Build, Own, Operate, Transfer) […]

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Sterlite Power Demerges Transmission & Products Business

Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […]

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Sterlite Power Onboards Ruhie Pande As HR Chief

Sterlite Power, a leading power transmission developer and solutions provider in India and Brazil, announced the appointment of Ruhie Pande as the Group Chief Human Resources Officer (CHRO), effective October 10, 2023. In this role, Ruhie will work closely with Pratik Agarwal, Managing Director, Sterlite Power. She will be responsible for leading HR including strategy, […]

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Sterlite Power Acquires Beawar Transmission Limited Project from REC

Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Beawar Transmission Limited, a Special Purpose Vehicle (SPV) from REC Power Development and Consultancy Limited- a wholly owned subsidiary of Rural Electricity Corporation. The project was awarded to Sterlite Power through the Tariff Based Competitive Bidding (TBCB) […]

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Sterlite Power Wins Green Energy Transmission Project in Rajasthan from RECPDCL

Sterlite Power, a private sector power transmission infrastructure developer and solutions provider, has secured the order for Rajasthan Phase-III (20 GW), Part F Transmission project. This order win marks Sterlite Power’s second venture into green energy transmission projects in the state of Rajasthan. The project was bid out through tariff-based competitive bidding (TBCB) process. Sterlite […]

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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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Sterlite Power Scores New Orders Worth INR 1400 Crores

Sterlite Power, a power transmission developer and solutions provider, has secured multiple new orders worth INR 1400 crores across its solutions business that caters to products and specialized EPC, during the last quarter of FY 2023. These new orders, which were won across domestic and international markets, have strengthened the firm’s total order book for […]

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