Sterlite Power, a leading power transmission developer and global products and services provider, announced the successful refinancing of the Lakadia-Vadodara Transmission project loan within 12 months of the project becoming fully operational in January 2023. The new financing from HDFC Bank, IIFCL and Bank of Baroda will enable prepayment of the existing project loan of […]
Sterlite Power Announces Financial Closure of Beawar Transmission Limited Project Worth INR 2400 Cr from REC Limited – EQ
In Short : Sterlite Power has successfully achieved financial closure for the Beawar Transmission Limited project, valued at INR 2,400 crores. The funding for this project was secured from REC Limited. The Beawar project is a part of the Green Energy Corridor program and involves setting up a transmission system to evacuate renewable energy from […]
Sterlite Power is Great Place To Work-Certified™ Three Years in a Row – EQ
Mumbai : Sterlite Power, a global power transmission infrastructure developer and solutions provider, has received the prestigious Great Place to Work® Certification by the Great Place to Work® Institute, three years in a row. One of the most coveted ‘Employer-of-Choice’ recognitions in the industry, it reinforces the organisation’s standing as one of the leading energy […]
Sterlite Power wins 8 GW Green Energy Transmission Project in Rajasthan – EQ
Secures LOI for Rajasthan REZ Ph-IV (Part-1) (Bikaner Complex): Part-B Transmission Project New Delhi : Sterlite Power, a leading private sector power transmission developer, has secured the 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 […]
Sterlite Power secures new orders worth Rs 1,300 crore in first quarter 2023-24 – EQ
In Short : Sterlite Power has secured new orders worth Rs 1,300 crore in the first quarter of the fiscal year 2023-24. This achievement underscores the company’s strong position in the power infrastructure sector and its ability to secure significant projects. These new orders will contribute to the expansion and strengthening of India’s power grid, […]
Sterlite Power acquires Beawar Transmission to develop power project in Rajasthan – EQ
New Delhi : Sterlite Power on Friday said it has acquired Beawar Transmission Ltd for developing an electricity transmission project in Rajasthan. Beawar Transmission is a Special Purpose Vehicle (SPV) of REC Power Development and Consultancy Ltd. The SPV was awarded to Sterlite Power through tariff-based competitive bidding in August, a company statement said. “Sterlite […]
The second green energy transmission project in Rajasthan is secured by Sterlite Power – EQ
On Monday, Sterlite Power announced that it had received the order for the Part F Transmission project for Rajasthan Phase-III (20GW). This is Sterlite Power’s second foray into transmission projects for green energy in Rajasthan. Through a tariff-based competitive bidding (TBCB) process, the project was put out to bid. “Sterlite Power received the Letter of […]
Sterlite Power acquires Fatehgarh III Beawar Transmission from PFC – EQ Mag
The project entails the construction of a 350km, 765kV transmission corridor from Fatehgarh III to Beawar in Rajasthan. Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Fatehgarh III Beawar Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL, a wholly owned […]
Sterlite Power Scores New Orders Worth INR 1400 Crores – EQ Mag
Major orders secured during the January-March quarter are for upgrading transmission projects and supply of high-performance products Sterlite Power on Wednesday said it has bagged new orders worth Rs 1,400 crore during the quarter ended March 31, 2023. The set of orders, won across domestic and international markets, have strengthened the company’s solutions business unit’s […]
Sterlite Power accelerates Mumbai Urja Marg Power Transmission Project with aerial operations – EQ Mag
The aerial operations will involve the movement of around 3,000 metric tonnes of various materials over a period of two months Sterlite Power on Wednesday said it has started aerial operations to expedite the construction of its flagship Mumbai Urja Marg Project (MUML). To fast-track the completion of 400kV transmission corridor connecting Padgha to Khargar, […]