Sterlite Power Advances Biz Strategy Post Selling 3 Assets in Brazil for About $100 Mn Updated On Mon, Mar 23rd, 2020 by Saurenergy Sterlite Power, which is among the leading global developers in the power transmission space, has achieved major milestone in Brazil by selling three assets i.e. Arcoverde, Novo Estado and Pampa from its portfolio for about USD 100 million (BRL 566 million). Post divestment of these assets, the company, now, has seven projects in different Brazilian regions, […] Read more
Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm Updated On Thu, Mar 12th, 2020 by Saurenergy One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […] Read more
Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat Updated On Wed, Mar 4th, 2020 by Saurenergy Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […] Read more
Sterlite Power Elevates Arun Sharma as Infra Biz COO Updated On Wed, Jan 29th, 2020 by Saurenergy Global player in the power transmission space Sterlite Power said on Wednesday that it has appointed Arun Sharma as Chief Operating Officer (COO) of its infrastructure business. Earlier, Sharma was heading the Master System Integration (MSI) business at the company’s solution business unit. Now, he will lead Sterlite Power’s both infrastructure and MSI businesses. He […] Read more
Budget 2020: Solar Industry Wishlist for Sitharaman Updated On Mon, Jan 27th, 2020 by Saurenergy Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […] Read more
Sterlite Power Inks Exclusive Pact with Smart Wires to Bring New Technology for Grid Mgmt Updated On Wed, Jan 22nd, 2020 by Saurenergy With an aim to bring new innovative technology for the Indian electricity market for resourceful grid management, global power transmission assets developer Sterlite Power has entered into an exclusive agreement with California-based Smart Wires. The deal enables the power transmission assets developer to offer Indian utilities with modular power flow control solutions that make transmission […] Read more
Sterlite Power Unveils Innovative Soln to Trim Losses in RE Segment Updated On Tue, Jan 21st, 2020 by Saurenergy With an aim to significantly reduce losses in the renewable energy (RE) space, Sterlite Power has developed an innovative solution called ‘low loss conductor’. This new product is a combination of Aluminium conductor, and can reduce losses by up to 40 percent as compared to other conventional conductors. This new innovative conductor is highly corrosion […] Read more
Sterlite Power Launches New HPC Soln ‘ACCC Ganga ULS’ to Solve Transmission Issues Updated On Mon, Jan 20th, 2020 by Saurenergy Global player in power transmission Sterlite Power said on Monday that it has launched a carbon composite core conductor solution ‘ACCC ULS Ganga’ that will help utilities in overcoming their toughest transmission constraints across long span river crossings. Further, ACCC ULS Ganga is a high-performance low sag conductor which was developed to address the dual […] Read more
Sterlite Power Wins Award for J&K Transmission Project at 2019 Global Energy Awards Updated On Mon, Dec 16th, 2019 by Saurenergy Global power transmission assets developer Sterlite Power has won the award for its Northern Region Strengthening Scheme (NRSS-29) project in Jammu & Kashmir (J&K) under the category – ‘Construction Project of the Year’. The company has clinched the award during the coveted S&P Global Platts Global Energy Awards 2019. While announcing the award, Martin Fraenkel, […] Read more
