STERLITE POWER

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• Sterlite Power bags ₹2400 crore funding for green energy corridor project

  The closure comes within four months of the project's acquisition, signaling a swift move towards bolstering India's green energy infrastructure.

  

• Sterlite Power announces financial closure of Rs 2,400-cr Beawar transmission project from REC Ltd

  The project will connect the renewable energy zone at Fatehgarh III to a proposed substation at Beawar in Rajasthan

  

• Union Budget 2024: Power and manufacturing sectors set high hopes for reforms and policy extensions

  In the power sector, the spotlight is on the health of Distribution companies. Pratik Agarwal, Managing Director of Sterlite Power, emphasized the importance of these companies in the overall health of the power sector.

  

• Sterlite Power secures INR 2,000 crores in new orders

  ​​In the first half of the fiscal year, Sterlite Power accumulated INR 3,300 crores in orders, comprising high-performance, green products such as conductors, OPGW, cables, and specialized Engineering, Procurement, and Construction (EPC) services, from both domestic and international markets.

  

• Sterlite Power acquires Neemrana II Kotputli Transmission

  Through Neemrana II Kotputli Transmission Ltd, the company will build this green energy project on a BOOT (Build, Own, Operate, Transfer) basis, for a period of 35 years.

  

• Sterlite Power wins 8 GW green energy transmission project in Rajasthan

  The company has secured the order for Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B Transmission project, a company statement said.

  

• Sterlite Power Transmission Limited (SPTL) to demerge transmission & products business

  As a result of this move, SPTL will continue to retain its Global Products & Specialized EPC Services business, as well as the Convergence – Fiberco business.

  

• Sterlite Power secures new orders worth Rs 1,300 crore in first quarter 2023-24

  Amid the rising emphasis on renewable energy integration into India's grid, there's an uptick in the demand for superior products and niche Engineering, Procurement and Construction (EPC) services.

  

• Sterlite Power acquires Beawar Transmission to develop power project in Rajasthan

  The SPV was awarded to Sterlite Power through tariff-based competitive bidding in August, a company statement said.

  

• Sterlite Power net profit rises 30 pc to Rs 322 cr in 2022-23

  The company's standalone net profit was Rs 246.57 crore in the preceding fiscal ended March 2022, a company statement said.

  

• Sterlite Power bags green energy transmission project in Rajasthan

  The project includes construction of 350km 765Kv electricity transmission corridor. However, the company did not disclose the value of the order.