Power Transmission Company Sterlite Raises ₹2 Billion from Allianz Global Investors
Sterlite Power, a power transmission infrastructure developer, has announced that it raised ₹2 billion ($27.23 million) in debt financing from leading investment managers Allianz Global Investors (Allianz GI), focusing on ...
AMP Capital and Sterlite Power to Jointly Develop Power Transmission Projects in India
Australia-based investment manager AMP Capital announced that it has established a 50:50 partnership with power transmission infrastructure developer Sterlite Power to develop power transmission projects in India. The two companies ...
Sterlite Power Sells 14.7% Stake in India Grid Trust for ₹8.4 Billion
Sterlite Power, a power transmission infrastructure developer, announced that it had sold a 14.7% stake in the India Grid Trust (IndiGrid) for an amount of ₹8.4 billion (~$112.2 million) to ...
Sterlite to Begin Green Corridor Transmission Project in Gujarat to Evacuate Wind Energy
Sterlite Power, a global power transmission developer, has announced that it will join hands with GE T&D India Limited, Unitech Power Transmission Limited (UPTL), Tata Projects Limited (TPL), and Associate ...
Sterlite Secures Over ₹20 Billion for Lakadia Vadodara Transmission Project in Gujarat
Sterlite Power, a global power transmission developer, has announced that it has achieved the financial closure of the Lakadia Vadodara transmission project by securing ₹20.24 billion (~$274.86 million) in funding ...
India Requires $60-80 Billion Investment Over the Next 5 Years in Grid Infrastructure: IEEFA
India will need an investment to the tune of $60-80 billion over the next five years in grid infrastructure to accommodate its tremendous growth in renewable energy capacity, said a ...