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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

Vedanta: A Decade of Merger, Demerger!

About a decade after combining all its businesses into Vedanta Ltd and then announcing a plan to make the company private, its chief, Anil Agarwal has now decided to split the business into six companies based on their business lines. The companies demerged from Vedanta would be Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, and Vedanta Base Metals.

Madras , Tamil-nadu , India , Taiwan , Hindustan , India-general- , Taiwanese , Sesa-sterlite , Anil-agarwal , Vedanta-base-metals , Sterlite-industries , Sterlite-energy

IndiGrid to buy 100% stake in NER II from Sterlite Power for Rs 4,625 cr

Read more about IndiGrid to buy 100% stake in NER II from Sterlite Power for Rs 4,625 cr on Business Standard. India Grid Trust signed a share purchase agreement to acquire NER-II Transmission from Sterlite Power as part of the framework agreement.

Tripura , India , India-grid , Infrastructure-investment-trust-inv , India-grid-trust , Union-territory , Sterlite-power , Grid-trust , Inter-state-transmission-scheme , Arunachal-pradesh , North-eastern-states