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Sterlite Power unit's CEO Manish Agarwal quits

The departure of Manish Agarwal, an energy infrastructure veteran, comes as the power transmission and energy solutions company is exploring an IPO.

Reshu-madan , Saikrishna-bendapudi , Manish-agarwal , Pratik-agarwal , National-company-law-tribunal , Global-products-services , Sterlite-power ,

IndiGrid backer GIC teams up with Sterlite for another power transmission platform

Singapore sovereign wealth fund GIC has tied up with Vedanta Group company Sterlite Power to form a new platform to develop and operate power transmission ......

Singapore , India , Brazil , Pratik-agarwal , Aman-malik , Anil-vedanta-group , Infrastructure-developers , Vedanta-group , India-grid , Sterlite-power , India-grid-trust , Anil-agarwal-promoted-vedanta-group

Sterlite Power GIC JV: Sterlite Power, GIC to form JV for developing, operating power transmission projects in India

Sterlite Power and GIC announce a joint venture to develop and operate power transmission projects in India. Sterlite Power will hold a majority 51% stake, with GIC owning 49%. With a focus on India's transmission sector, the venture aims to leverage a USD 13 billion bid pipeline, signaling confidence in India's growth vision.

Brazil , India , Pratik-agarwal , Ang-eng-seng , Sterlite-power , Sterlite-power-managing-director-pratik-agarwal , Eng-seng , Chief-investment-officer , Sterlite-power-gic-jv , Gic , Power-transmission-projects

Sterlite Power, GIC form joint venture for Indian power transmission platform, ET EnergyWorld

Under the terms of the agreement, Sterlite Power, a private power transmission developer in India, will hold a majority stake of 51%, while GIC will own the remaining 49% stake in the joint venture platform.

Singapore , India , Singaporean , Ang-eng-seng , Pratik-agarwal , Khaitan-co , Shardul-amarchand-mangaldas-co , Deutsche-bank , Sterlite-power , Avener-capital , Shardul-amarchand-mangaldas , Managing-director

Sterlite Power, Singapore's GIC join hands for power transmission platform

Sterlite Power will own the majority stake of 51% and GIC will own the remaining 49% stake in the new platform to develop and operate power transmission projects in India

India , Brazil , Pratik-agarwal , Ang-eng-seng , Shardul-amarchand-mangaldas-co , National-company-law-tribunal , Khaitan-co , Deutsche-bank , Sterlite-power , Avener-capital , Shardul-amarchand-mangaldas , Eng-seng

Sterlite Power, GIC seal JV for India power transmission platform

Via this arrangement, Sterlite Power will own the majority stake of 51 percent and GIC will own the remaining stake.

India , Singapore , Pratik-agarwal , Ang-eng-seng , Deutsche-bank , Khaitan-co , Shardul-amarchand-mangaldas-co , Anil-agarwal-vedanta-group , Sterlite-power , Anil-agarwal , Vedanta-group , Managing-director

Sterlite Power, GIC set up platform to develop power transmission projects in India

Sterlite Power, GIC set up platform to develop power transmission projects in India
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

Singapore , India , Japan , Pratik-agarwal , Ang-eng-seng , Japan-bank , Reuters , Anil-agarwal-vedanta-group , Matrix-gas-renewables-ltd , Infrastructures-ltd , Sterlite-power , Anil-agarwal

Sterlite Power and GIC Form JV for Indian Power Transmission Platform

Singapore’s GIC Private Limited is increasing its investment activity in India. The Singaporean sovereign wealth fund is keen on the country’s need for energy infrastructure. The JV platform will be positioned to target the new opportunities emerging from the need for over US$ 13 billion of CAPEX announced by the Government of India. Sterlite Power…

India , Singapore , Brazil , Singaporean , Pratik-agarwal , Ang-eng-seng , Khaitan-co , Shardul-amarchand-mangaldas-co , Deutsche-bank , Sterlite-power-transmission-ltd , Sterlite-energy , National-stock-exchange-of-india

Sterlite Power, GIC set up JV for transmission projects

Sterlite Power, GIC set up JV for transmission projects
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Singapore , Brazil , India , Ang-eng-seng , Pratik-agarwal , Deutsche-bank , Khaitan-co , Shardul-amarchand-mangaldas-co , Vedanta-group , Sterlite-power , Eng-seng , Avener-capital

Sterlite Power Transmission Ltd: Sterlite & GIC to set up $1 billion JV for power transmission

Vedanta Group's Sterlite Power Transmission Ltd (SPTL) and Singapore's sovereign wealth fund GIC are forming a $1 billion platform for India's power transmission sector. GIC will invest $500 million for a 49% stake, and Sterlite Power will match the amount for a 51% stake. The JV will initially include five under-construction projects, with plans to expand. Sterlite Power will transfer four operational assets worth about ₹7,500 crores into the JV. This investment aims to support India's goal of increasing renewable energy usage and upgrading the national transmission grid.

India , Singapore , Lok-sabha , Pratik-agarwal , Sterlite-power-transmission-ltd , Vedanta-group , Sterlite-power , Gic , Power-transmission-sector , -billion-platform , Special-purpose-vehicle , Transmission-corridors