Blogs / News

Investing in the unlisted market can offer unique opportunities for investors looking to diversify their portfolio and potentially earn significant returns.

14 Sep, 2024,

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Sterlite Power FY24 Performance Report: A Comprehensive Analysis

A) Introduction Sterlite Power Transmission Ltd. (SPTL) is a key player in the power transmission and infrastructure sector, both in India and internationally. As FY24 concludes, Sterlite Power stand ...

04 Sep, 2024,

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Sterlite Power Acquires Khavda IV C Power Transmission Ltd for Green Energy Expansion

On Monday, Sterlite Power announced the strategic acquisition of Khavda IV C Power Transmission Ltd, a Special Purpose Vehicle (SPV) dedicated to the evacuation of renewable energy from the Khavda Ren ...

08 Aug, 2024,

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Sterlite Power Secures Rs 1,500 Crore Orders in Q1 FY25

Sterlite Power has secured orders worth Rs 1,500 crores in its Global Products and Services (GPS) business during Q1 FY25, adding to an existing order book of over Rs 6,560 crores. The new orders, spa ...

12 Jun, 2024,

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Sterlite Power Divests 14.7% Stake in IndiGrid for ₹840 Crore

Sterlite Power announced the sale of its 14.7% share in India Grid Trust (IndiGrid) for ₹840 crore. The stake was purchased by institutional and high net worth investors, including Larsen & Toub ...

10 Jun, 2024,

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Sterlite Power Secures ₹1,373 Crore Financing for Neemrana II Kotputli Transmission Project

Sterlite Power announced on Thursday the successful financial closure for its Neemrana II Kotputli Transmission (NKTL) project, securing ₹1,373 crore in funding from the Power Finance Corporation (P ...

24 May, 2024,

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Sterlite Power's Transmission Business Demerger Approved by Stakeholders

Sterlite Power Transmission Ltd (SPTL) announced on Thursday that its shareholders have approved the plan to demerge its transmission business. This restructuring will result in the transmission infra ...

07 May, 2024,

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Reshu Madan Appointed as CEO of Sterlite Power's Global Products & Services Division

In a strategic move to drive its Global Products & Services (GPS) business to new heights, Sterlite Power has announced the appointment of Reshu Madan as its Chief Executive Officer. Madan, a seas ...

14 Apr, 2024,

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Sterlite Power's CEO Exit Marks Strategic Shift Ahead of IPO

Sterlite Power Transmission Ltd (STPL) is undergoing a transformative phase as it gears up for an initial public offering (IPO), marked by the departure of Manish Agarwal, CEO of Global Products and S ...

19 Mar, 2024,

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Sterlite Power Partnership with GIC Pte for India's Transmission Projects

Sterlite Power Transmission Ltd (SPTL), a subsidiary of Vedanta Ltd, is in the process of transferring three power transmission projects in India to its joint venture with GIC Pte, a Singapore-based s ...