Sterlite Power, a private sector power transmission infrastructure developer and solutions provider, has announced acquisition of 64.98% equity stake in Maharashtra Transmission Communication Infrastructure Limited(MTCIL) – a joint venture with Maharashtra State Electricity Transmission Company Limited (MSETCL). MTCIL is a Public Private Partnership for OPGW (Optical Ground Wire) Fiber networks operating on a ‘BOOM’ model.…
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Sterlite Power elevates Kamaljeet Kaur as CHRO
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•Sterlite Power, a global developer of power transmission infrastructure, has elevated Kamaljeet Kaur as CHRO. Kamaljeet Kaur is a Human Resource professional with a total experience of over 18 years. She graduated in economics from Delhi University, and holds a PGDM in Human Resource Management from Symbiosis Centre for Management & HRD. Kamal possesses experience…
Sterlite Power elevates Manish Agarwal to CEO of Infrastructure and Solutions Business
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•Sterlite Power announced the elevation of Manish Agarwal as CEO of Infrastructure business, in addition to his existing role as CEO for the Solutions Business. In this new role, Agarwal will be responsible for both the greenfield and brownfield transmission business of the company in India. He has been associated with the Sterlite Group for…
Sterlite Power appoints Amitabh Prasad as Brazil CEO
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•Sterlite Power, a leading global developer of power transmission, announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil, effective February 1st, 2021. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. According to the…
Sterlite Power raises Rs 200 cr from Allianz Global Investors
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•Sterlite Power, a global power transmission company, said it has raised Rs 200 crore in debt financing from Allianz Global Investors, according to PTI report. Sterlite Power has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – one of the world’s leading investment managers with focus on sustainable investments, a…
Sterlite Power Appoints Rui Chammas as Brazil CEO
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•Sterlite Power has appointed Rui Chammas, former CEO for Biosev, as the leader of its Brazil business. The Company has a portfolio of 9 projects, entailing an investment close to USD 1.7 bn in the country. Pratik Agarwal, Group CEO Sterlite Power, said, “We are delighted to welcome Rui to Sterlite Brazil. He has a rich experience in running large organisations in the…