Live Breaking News & Updates on பிராட்டிக் அகர்வால்|Page 6
Stay updated with breaking news from பிராட்டிக் அகர்வால். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
AMP Capital, Sterlite join hands to launch India transmission platform SECTIONS Share Synopsis Sterlite Power Transmission Ltd on Tuesday announced partnership with global investment manager AMP Capital for development power transmission projects entailing $1 billion investment in India. PTI Mumbai: Global investment manager AMP Capital has joined hands with Indian group Sterlite Power for developing energy transmission projects in India. Both Sterlite and AMP Capital will invest $150 million into the platform. The platform will develop four transmission projects, and have put in place debt financing, which represents a total capital outlay of around $1 billion, stated a company release. These projects have a circuit length of nearly 1800 kilometres of transmission lines across the Western, Southern and North Eastern regions of India. They will provide the critical infrastructure required for evacuating power from multiple renewable energy generati ....
AMP Capital establishes energy transmission platform in India with Sterlite Power Posted On: 2020-12-29 01:50:17 (Time Zone: Arizona, USA) Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital s global infrastructure equity strategy. AMP Capital and Sterlite Power will each invest an initial amount of approximately USD 150 million in the development of four transmission projects, and have put in place debt financing, which represents a total capital outlay of around USD 1 billion. These projects have a circuit length of nearly 1800 kilometres of transmission lines across the Western, Southern and North Eastern regions of India. They will provide the critical infrastructure required for evacuating power from multiple renewable energy generation projects and will s ....