Sterlite Power Transmission Limited Unlisted Shares

Sterlite Power is a leading global developer of power transmission infrastructure with projects of over ~12,500 circuit km and 22,719 MVA in India and Brazil.

With an industry-leading portfolio of power conductors, EHV cables and OPGW, Sterlite Power also offers solutions for upgrading, uprating and strengthening existing networks. The company has set new benchmarks in the industry by use of cutting-edge technologies and innovative financing. Sterlite Power is also the sponsor of IndiGrid, India’s first power sector Infrastructure Investment Trust (InvIT), listed on the BSE and NSE.

Highlights of FY18-19

a) Total consolidated income = 3571 Cr.

b) Total Circuit Kilo Meter = 12,500

c) Total availability of Assets( Transmission lines) = 99.84%.

d) The company has 22 Infrastructure projects. Out of 22 projects, 12 are in India and 10 are in Brazil.

e) The company has a total of 11,300 transmission towers in its portfolio.

Revenue and EBITDA Performance of Sterlite Power

Year	Revenue(cr)	EBITDA(cr)
2016	2697	586
2017	2673	844
2018	2972	850
2019	3571	450

Sterlite Power Transmission Limited Unlisted Shares Details:

Total Available Shares:	1000
Face Value:	₹ 2 Per Equity Share
ISIN:	INE110V01015
Lot Size:	100-300 Shares
Current Unlisted Share Price:	₹ Best in industry Per Equity Share

Promoters And Management:

1. Pratik Agarwal-GROUP CHIEF EXECUTIVE OFFICER Mr. Pratik Agarwal is the Group Chief Executive Officer of Sterlite Power. He has held this position since June 2016; previously he was the vice-chairman of Sterlite Grid, and also Director of the Infrastructure business for the Vedanta Group. He is a Wharton graduate and an MBA from London Business School with over 10 years of experience in building core infrastructure assets in India. He founded the Group’s infrastructure business in 2009 and built it upto levels where it now has significant investments in ports, power transmission and broadband networks. He is also the Chairman of the Electric Power Transmission Association and Transmission Task Force of FICCI.

2. Ved Mani Tiwari-CEO - GLOBAL INFRASTRUCTURE Mr. Ved Mani Tiwari has nearly three decades of experience in Senior capacities in roles of General Management, Policy Making, Program Management and large scale Project Execution. He has worked on various positions in the Government of India, Central Public-Sector Enterprises and the Private Sector. He is also widely recognized as an innovator. He holds a Bachelor’s Degree in Electrical Engineering from MMMUT, MBA from ISB, Hyderabad, and has done Executive Programs from Kellogg School of Management and Wharton Business School.

3. Manish Agarwal-CEO - SOLUTIONS Mr. Manish Agarwal is the CEO for Solutions business. He has close to two decades of experience in Telecom & Energy sector in Indian & overseas markets. He is the Member of IEEMA Executive Committee. Mr. Manish has a Bachelor of Engineering degree and an Master’s degree in Business Management from Federation University, Australia. He has also pursued Executive Leadership Programs from the IIM, Ahmedabad and ISB, Hyderabad.

Company Business:

Let us understand the business model of the company. a) They bid for Govt. projects to install transmission lines to provide electricity across the country. In turn, they get fixed Annual charge and variable charge for supplying electricity. The bidding of projects done at " Tarriff Based Competetive Pricing" model adopted by Govt. of India. Till date, they have got 12 projects in India based on this bidding model and have successfully implemented them. b) After getting projects, they commissioned and maintain transmission lines. The availability of transmission lines is one of the key parameters which govt. looks for and put fine as well if it goes below a certain level. The Sterlite Power has transmission line availability of 99.84%.

Shareholding Pattern:

Name of the Shareholders	No.of Shares	% of total shares limited
Twin Star Overseas Ltd.	43670398	71.38
Individual/ HUF	103248	0.17
Bodies Corporate	952859	1.56
Any other	1755048	2.87

Financials of Sterlite Power Transmission Limited Unlisted Shares:

Year	Revenue(Cr)	PAT(Cr)	Finance Cost(Cr)	EBITDA(cr)	EBITDA Margins	PAT Margins	EPS
2016	2,697.00	-599	866	566.37	21%	-22%	-83
2017	2,673.00	-361	788	828.63	31%	-14%	-59
2018	2,972.00	272	434	832.16	28%	9%	44.46
2019	3,571.00	-619	601	450	13%	-17%	-101

Sterlite Power Annual Report 2019

Sterlite Power Annual Report 2018

Sterlite Power Annual Report 2017

Discussion on Sterlite Power Transmission Limited Unlisted Shares:

https://unlistedzone.com/sterlite-commissions-first-power-project-in-brazil-ahead-of-schedule/

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Milestone of the Company:

1. 2006

Acquisition of Power Business from Sterlite Industries Ltd

2. 2009

Sterlite Technologies Ltd. (STL) enters the power transmission business

3. 2010

Sterlite Power (as a division of STL) awarded India’s first Independent Power Transmission Project under
Tariff Based Competitive Bidding (TBCB) regime.

4. 2011

Awarded India’s first 765 kV power transmission project under TBCB regime Awarded its third project
of 944 km spanning the states of Madhya Pradesh, Maharashtra and Gujarat

5. 2013

Awarded two projects of length 403 and 545 kms covering Madhya Pradesh and Rajasthan; and Jharkhand, West Bengal respectively.

6. 2014

Attracted private equity investment of INR 5 billion from Standard Chartered Private Equity Commissioned
its first interstate project located in the North Eastern region Awarded project in challenging terrain of
Jammu and Kashmir with the route length of 887 km.

Reply

TODAY, STERLITE POWER IS A LEADING DEVELOPER OF POWER TRANSMISSION INFRASTRUCTURE IN INDIA AND BRAZIL

Reply

Sterlite power is paying any dividend sir?

Reply

In view of the financial position, the company has not recommended any dividend to the shareholders of the Company for the Financial Year 2016-17.

In view of the financial position, the company has not recommended any dividend to the shareholders of the Company for the Financial Year 2017-18.

Reply

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