Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. The India Grid Trust (IndiGrid), sponsored by Sterlite Power Grid Ventures Limited, one of India’s leading private power transmission companies, was created in 2016 to acquire operating power transmission assets. Sterlite Power Grid Ventures Limited (SPGVL) is an integrated power transmission developer and solutions provider. Commenting on this latest development, Pratik Agarwal, Managing Director of Sterlite Power, said, “Sterlite Power is proud to have played a role in creating India’s first power sector infrastructure investment trust which has grown over the years with participation from marquee investors. Key elements such as SWOT analysis and corporate strategy are incorporated in the profile to assist your academic or business research needs. It manufactures power conductors, power cables and optical ground wire (OPGW) cables. This is an enterprise license, allowing all employees within your organization access to the product. At Sterlite Power, work is driven by a strong focus on social impact, overcoming obstacles and innovation to find solutions to complex workplace challenges. * The price quoted above is only valid for 30 days. We request your telephone number so we can contact you in the event we have difficulty reaching you via email. This is a site license, allowing all users within a given geographical location of your organization access to the product. View all news. Sterlite Power has successfully sold of its 14.7 per cent stake in India Grid Trust (IndiGrid) to institutional and high net worth individuals (HNI) investors. Note: Product cover images may vary from those shown. Major products and services – A list of major products, services and brands of the company. Key operational heads – A list of personnel heading key departments/functions. In this, the company’s core strengths, weaknesses, opportunities and threats are analyzed, providing you with an up to date objective view of the company. More articles from Rakesh Ranjan. Report this profile; Experience. Sterlite Power Grid Ventures Limited Petitioner No.1/ CIN: U33120PN2014PLC172393 … Transferor Company Sterlite Power Transmission Limited Petitioner No.2/ CIN: U74120PN2015PLC156643 … Transferee Company Coram: Sh. See who you know in common; Get introduced; Contact Rohitashv directly; Join to view full profile People also viewed. Specifically, KKR is investing about Rs 1,084 crore ($155 million) while GIC is putting in Rs 980 crore ($140 million) in the India Grid Trust issue. Sterlite Power is the sponsor of IndiGrid, India’s first power sector InvIT, which saw its initial offer in 2017. Still haven't found what you're looking for? As per the company’s current portfolio,it has projects of over 13,700 circuit kilometers (ckm) and 24,800 MVA in India and Brazil. Sterlite Grid. All Rights Reserved. Sandip Maity DGM Engineering at Sterlite Power Grid Ventures Limited, Leading Substation Engineering Function. Earlier, Sterlite Power had announced that it would join hands with GE T&D India Limited, Unitech Power Transmission Limited, Tata Projects Limited, and Associate Power Structures to develop the Lakadia Vadodara Transmission Project Limited under the Green Energy Corridor.The project connects the wind energy zones of Gujarat to the load centres in Gujarat and Maharashtra. If leaving a lasting impact on society serves as motivation for you, a career at Sterlite Power can be very rewarding. It has 376 patents and is active in over 150 countries. Sterlite Power Grid Ventures Limited. Sterlite Power 6d Intra-state transmission infrastructure is the weakest link in the Indian grid, and is critical to achieving India’s renewable energy ambitions. The project will develop 4 units of 600MW each. IndiGrid is an infrastructure investment trust (“InvIT”) established by Sterlite Power Grid Ventures Limited to own inter-state power transmission assets in India. Rajasekhar V.K., Hon’ble Member (J) Sh. Rakesh is a staff reporter at Mercom India. Key employees – A list of the key executives of the company. India's first infrastructure investment trust in the power sector, IndiGrid provides investors with an opportunity to invest directly in operating power transmission assets. Speak to our Custom Research Team. We believe that electricity access transforms societies and … Sterlite Power Grid Ventures Limited operates as a power transmission company. PTI . STL - Sterlite Technologies Limited (Formerly Sterlite Tech) NSE: STLTECH formed in 1988 is a digital technology company with offices in India, China, US, SEA, Europe and MEA. 873,000,000. IndiGrid was established on October 21, 2016 by its sponsor Sterlite Power Grid Ventures Ltd (SPGVL), a Vedanta group company with an objective of providing stable and predictable returns to the unitholders by owning operational power transmission assets in India. Sterlite Power Grid Ventures Limited 15 Feb, 2019, 08:30 IST. Sterlite Power is a leading integrated power transmission developer and solutions provider globally, focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital. Sterlite Grid 2 Limited is a Public incorporated on 11 May 2005. As an innovative, and transformative organization in the transmission infrastructure space, Sterlite Power is ideally positioned to shape the power transmission industry. Sterlite Power Grid Ventures Limited World-wide Activity. Sterlite Power, a power transmission infrastructure developer, announced that it had sold a 14.7% stake in the India Grid Trust (IndiGrid) for an amount of ₹8.4 billion (~$112.2 million) to institutional and high net-worth individual (HNI) investors. Gain key insights into the company for academic or business research purposes. Recently, Sterlite Power announced that it had acquired Vapi-II North Lakhimpur Transmission Limited, a special purpose vehicle of PFC Consulting Limited, to execute a large interstate transmission system (ISTS) strengthening project. It is listed on Bombay Stock Exchange and National Stock Exchange of India. All Rights Reserved. 15,437,165,600. At the same time, it's book networth has increased by 20.88 %. Talwandi Sabo Power Project SEL is developing the 1980 MW Talwandi Sabo Power Project at village Banawala, Mansa-Talwandi Sabo in District Mansa. The product is a PDF. We’re mainly committed to executing asset transfers of about ₹65 billion (~$868.5 million) as per the framework agreement with IndiGrid.”. New Delhi, Delhi, India. 30,000,001,000 and its paid up capital is Rs. Its authorized share capital is Rs. Each license type allows a set number of users to access the report. Sterlite Power Sells 14.7% Stake in India Grid Trust for ₹8.4 Billion. It's EBITDA has increased by 155.00 % over the previous year. Sterlite Power Ltd. Sterlite Power. Understand and respond to your competitors’ business structure and strategies with detailed SWOT analysis. Practice Area. Dec 2014 – Present 5 years 11 months. Sterlite Power is a pioneering transmission infrastructure company that is driving growth across the industry and around the world. Details. Sterlite Power Grid Ventures Limited - Strategic SWOT Analysis Review. Sterlite Power Grid Ventures Limited has five directors - Arun Todarwal Lalchand, Pravin Agarwal, and others. Sterlite Power Grid Ventures Limited is a Public incorporated on 03 June 2014. The product is a PDF. Sterlite Grid Limited Business description – A detailed description of the company’s operations and business divisions. He brings extensive financial, strategic, and Boardroom experience. Identify potential customers and suppliers with this report’s analysis of the company’s business structure, operations, major products and services and business strategy. This is a site license, allowing all users within a given geographical location of your organization access to the product. Copyright © 2002-2021 Research and Markets. The Company installs and operates electricity transmission projects, as well as manufactures power cables and conductors. India Grid Trust has informed the Exchange regarding 'merger of Sterlite Power Grid Ventures Limited with Sterlite Power Transmission Limited. HAVE A QUESTION? Sterlite Power Grid Ventures Limited Apr 12, 2019, 09:00 ET. The company builds power transmission corridors that connect power generating regions with major load centers. News. Acquisition of another ~14% stake in SIML is planned by JUNE 2021, taking the total stake of KKR in SIML to ~74% For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com Sterlite Power Grid Ventures Ltd. (Sterlite Grid), India’s largest private developer of independent power transmission systems successfully closed Rs 925 Cr issuance of non convertible debentures for its subsidiary East North Interconnection Company (ENICL). Sterlite Power Grid Ventures Limited (“SPGVL”) is one of the leading independent power transmission companies operating in the private sector. Executive biographies – A brief summary of the executives’ employment history. 8/18/2020; EN. A world map will load here! Jamie will help you find what you are looking for. Important locations and subsidiaries – A list of key locations and subsidiaries of the company, including contact details. This website uses cookies to ensure you get the best experience. It is inolved in Business activities n.e.c. This is a single user license, allowing one specific user access to the product. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. 900,000,000 and its paid up capital is Rs. He is also a management consultant with over four decades of consulting experience across accounting, financial management and information technology. © 2021 by Mercom Capital Group, LLC. SWOT analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats. We will now focus on our core business as the developer of power transmission assets. Corporate strategy – Summarization of the company’s business strategy. 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