Our strong liquidity discipline, and innovative project financing (via IndiGrid InvIT) helps empower our project execution teams to deliver ahead of schedule. The PKTCL project involves the establishment of two 400 kV Double Circuit transmission lines. The GPTL project will span over 255 kms while delivering over 3000MVA to enhance power transmission. Our strong local presence and deep understanding of government regulations, in the regions we operate in helps us get things right in the first attempt. The project will help address the quality of power transfer from generating stations connected to the Raigarh pool to Goa. Sterlite Power is a leading global developer of power transmission infrastructure with projects of over 13,312 circuit kms and 23,860 MVA in India and Brazil. These projects awarded through competitive bidding have secured much lower tariff than the cost-plus tariff estimate and thus play a crucial role in enabling access to affordable power envisioned by the Government.”. A one-of-its-kind project in Brazil, the Pampa project once completed will be transmitting power of over 1500 MVA. Supply of electric energy to the metropolitan region of Belém and Northeast of the state of Pará. Apart from providing assistance to the regions of Mossoró, Aracati and Fortaleza, this project additionally utilizes the full wind and solar energy potential of the Aracati and Mossoró regions. The Northern Region Strengthening Scheme (NRSS)-29 is the largest private sector transmission project awarded in the country till date. The new financing to prepay the existing project loan of Rs 800 crore has been arranged by HDFC Bank, Sterlite Power said in a statement. We are committed to fulfilling our promises to the market, government and all stakeholders, ahead-of-schedule. Sterlite Energy Limited is developing Sterlite Jharsuguda Power Station 2400 MW coal-fired thermal power project in Jharsuguda, Odisha. Our innovative usage of global technologies such as helicranes to aid in project completion, and drones to survey and monitor transmission lines remotely has allowed us to reduce the need for human intervention, and minimize impact on the environment, while also increasing accuracy in project planning and execution. Sterlite Power Transmission Ltd (SPTL) is witnessing a churn in its senior management, as the Vedanta group company struggles to raise fresh funds and faces delays in project completion. Sterlite Power was awarded India’s first 765 kV … Sterlite Technologies Limited (STL), the erstwhile promoter of SPGVL, incorporated in the year 2000, entered into the business of power transmission by bidding for its first project, ENICL, and was awarded by Power Finance Corporation Limited in 2010. Mumbai-based power transmission company Sterlite Power secured the financial closure for its Vapi II North Lakhimpur Transmission Limited (VNLTL). Electricity transmission infrastructure company Sterlite Power has established a 50:50 partnership with global investment manager AMP Capital to develop four transmission projects … In July, it had refinanced its Gurgaon Palwal Transmission project with HDFC Bank. The two companies will initially invest around $150 million each to develop four transmission projects in the country. Solar Energy Flow from the North and Northwest Regions of Minas Gerais. The Goa Tamnar Transmission Project Limited will deliver an incremental 400kV feed to Goa and scale up the transmission network for power evacuation from generation projects pooled at Raigarh (Chattisgarh). By optimising the use of available land, it offers cost and space efficiencies. Sterlite Power is a leading global developer of power transmission infrastructure with projects of over 13,312 circuit kms and 23,860 MVA in India and Brazil. This project involves 765 KV lines and GIS substations and will be completed within an aggressive timeframe of 18 months, first of its kind in the country, and aligned with the Government’s target of installing 175 GW by 2022 under the National Renewable Energy Mission. Through the SPV, the company will execute an interstate transmission system project in the western and northeastern regions of India. The Udupi project consists of 400 KV Transmission Line (120 km) from Udupi in Karnataka to Kasaragode in Kerala along with a 400 KV GIS Substation. Recently, Sterlite Power announced that it had achieved the financial closure of the Lakadia Vadodara transmission project by securing ₹20.24 billion (~$274.86 million) in funding. Sterlite said that the total debt funding of ₹20.7 billion (~$281 million) came from Power Finance Corporation Limited ().The financial closure was achieved within four months of the special purpose vehicle’s acquisition of the project. Infra investments need to rise over the next decade: CRISIL Power transmission remains a balanced investment destination. Generation flow in the southern area of the Northeast region. There is now a 70% increase in the transmission capacity in the Kashmir Valley. Our partnership with Sterlite began in 2011 with the Bhopal-Dhule Transmission Project and we recently worked together on Gurgaon-Palwal Transmission Project. Expansion for the assistance to the agreste of Pernambuco. Sterlite Power has 10* concession projects in phase of implantation, crossing 12 states of Brazil. “Global investment manager AMP Capital has established a 50:50 partnership with Sterlite Power Transmission Ltd (Sterlite Power) for the development of energy transmission projects in […] The debt financing was provided by Indian financial institution Power Finance Corporation (PFC). Sterlite Power is also the sponsor of IndiGrid, India’s first power sector Infrastructure Investment Trust (“InvIT”), listed on the BSE and NSE. Commenting on the development, Mr. Pratik Agarwal, Group CEO, Sterlite Power said, “It is a matter of great pride to win two new prestigious projects designed to solve critical challenges of energy delivery for our country. According to one of the lenders, of the ₹20.24 billion (~$274.86 million), ₹6.07 billion … The TBCB mechanism ensures timely project delivery at a pre-determined tariff transparently discovered through a competitive mechanism. Sterlite Power is renowned for adopting global best practices and innovations for execution of its various projects with a track record of delivering on or ahead of schedule. Global power transmission company Sterlite Power has secured funding of Rs20.7bn ($281m) for its Vapi II North Lakhimpur Transmission (VNLTL) project in India. Provide greater energy reliability to the state of Goiás. Team Sterlite Power relied on its engineering and project execution expertise, innovation, tenacity and passion to conquer the toughest challenges to overcome all obstacles and complete the project in record time. The OGPTL project is a part of the interstate transmission network providing additional evacuation of up to 5,000 MW of electricity from Odisha – based plants that are seeking better access to the power – consuming around the country. 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