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Sterlite Tech also completed the merger of Elitecore Technologies, a solution provider of Operation Support Service (OSS) and Business Support Service (BSS). Sterlite Technologies Ltd (Sterlite) is set to spin-off its power business into a separate unlisted company, while retaining its telecom business in the listed entity. Recently, Sterlite Power acquired VNLTL SPV in June 2020 to execute one of the largest inter-State transmission system projects covering Western â¦ Globally, Sterlite has developed power transmission infrastructure projects of over 13,700 circuit km. Sterlite Power, a leading developer of power transmission infrastructure with projects of over 13,700 circuit kms and 24,800 MVA in India and Brazil, is the sponsor of IndiGrid, Indiaâs first power sector Infrastructure Investment Trust (InvIT), listed on the BSE and NSE. The de-merger will be effective April 1, 2015 subject to all necessary approvals. Sydney headquartered-AMP Capital has teamed up with Sterlite Power - a leading private power transmission company - to set up a $1-billion platform for the development of energy transmission projects in India. Global investment manager AMP Capital and Sterlite Power have entered into a partnership to develop energy transmission projects in the country with a â¦ India Grid Trust (IndiGrid) on Tuesday (24 March 2020) announced the acquisition of a transmission asset, East North Interconnection Company, from Sterlite Power at a value of $134 million. The Scheme of Arrangement for demerger of the Power Products and Transmission Grid Business of Sterlite Technologies Limited Complaints Report Pre & Post Shareholding Patterns. Read more about IndiGrid acquires transmission asset from Sterlite Power for $134 million on Business Standard. India Grid Trust (IndiGrid), a power infrastructure investment trust, has acquired another transmission asset, East North Interconnection Company Limited (ENICL), from its promotor Sterlite Power for a value of US$ 134 million. Sterlite Power is a leading global developer of power transmission infrastructure with projects of over ~12,500 circuit km and 22,719 MVA in India and Brazil.. With an industry-leading portfolio of power conductors, EHV cables, and OPGW, Sterlite Power also offers solutions for upgrading, praying, and strengthening existing networks. This is the first such investment in India by â¦ The demerger of power business will provide better opportunity for the company to focus on its telecom business, stated a media release by the company. Globally, Sterlite has developed power transmission infrastructure projects of over 13,700 circuit km.
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