Sterlite Power Brasil, a subsidiary of the Indian corporation Sterlite Power Transmission Ltd, a company that develops energy transmission projects, announced the issuance of debentures on the total amount of R$ 600 million. Banco Modaland Banco Itaú BBA coordinated the transaction, which reinstates Sterlite’s long-term commitment to Brazil and reinforces the company’s position in the energy sector. The first issuance of…
Sterlite Power Transmission Limited (Sterlite Power), a private sector power transmission infrastructure developer and solutions provider, announced the acquisition of Nangalbibra ─ Bongaigaon Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited. Through this SPV, the Company will execute the inter-state transmission system (ISTS) project which it won through tariff-based competitive bidding (TBCB) in October…