Sterlite Power and Singapore's GIC have signed definitive agreements to set up a new platform to develop and operate power transmission projects in India.

MOUs and Agreement

Sterlite Power and Singapore's GIC have signed definitive agreements to set up a new platform to develop and operate power transmission projects in India. Sterlite Power will own the majority stake of 51% and GIC will own the remaining 49% stake. Sterlite Power is a power transmission infrastructure developer and solutions provider with a portfolio of 33 completed, sold and under-construction projects covering around 15,350 circuit kilometres of transmission lines across India and Brazil.


      India's renewable vision calls for investments in transmission to unlock the full potential of 500 GW of renewable power.

      In India, Sterlite Power has over $2 billion worth of projects under management.

     

 

     


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