Sterlite Power Share Price
Sterlite Power Transmission Limited is a Public incorporated on 05 May 2015. It is classified as Non-govt company and is registered at Registrar of Companies, Pune. Its authorized share capital is Rs. 232,800,000 and its paid up capital is Rs. 122,360,000. It is inolved in Legal, accounting, book-keeping and auditing activities; tax consultancy; market research and public opinion polling; business and management consultancy 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 Power is a leading global developer of power transmission infrastructure with projects of over 13,315 circuit kms and 23,885 MVA in India and Brazil. With an industry leading portfolio of power conductors, EHV cables and OPGW, Sterlite Power also offers solutions for upgrading, uprating and strengthening existing networks. The company has set new benchmarks in the industry by use of cutting-edge technologies and innovative financing. Sterlite Power is also the sponsor of IndiGrid, India’s first power sector Infrastructure Investment Trust (“InvIT”), listed on the BSE and NSE..In our Global Infrastructure Business, we bid, design, construct, own and operate power transmission assets across multiple geographies. Given our expertise in project execution and our experience in leveraging cutting-edge technology, we have built a track record of commissioning projects ahead of schedule, addressing the key constraint of time.
In our Solutions Business, we provide bespoke solutions to solve complex problems for power utilities, specializing in upgrading, uprating and strengthening power delivery networks. These technology-intensive solutions enable our customers to plan network expansions despite challenges of ROW, environment regulations and urbanization, thereby addressing space constraints. We leverage our market leading manufacturing capability of conductors, cables and optical ground wire (OPGW), as well as our excellence in project delivery, to tackle the constraint of time.Our Convergence Business operates at the confluence of the power and telecom sectors. We leverage our transmission infrastructure to roll out reliable communication networks, thereby advancing the Digital India mission.
We believe that electricity access transforms societies and delivers long lasting social impact. Sterlite Power is uniquely positioned to solve the toughest challenges of energy delivery located at the intersection of constraints around time, space and capital.
Sterlite Power is a leading global developer of power transmission infrastructure with 22 projects spanning 12,478 circuit kilometers in India and Brazil. Our innovative usage of global technologies such as helicranes to aid in project completion, and drones to survey and monitor transmission lines remotely has allowed us to reduce the need for human intervention, and minimize impact on the environment, while also increasing accuracy in project planning and execution.
Our strong local presence and deep understanding of government regulations, in the regions we operate in helps us get things right in the first attempt. Our agile execution approach, and strong partnership ecosystem, working with all leading Indian EPCs has led to the successful completion of projects, ahead of schedule. Our strong liquidity discipline, and innovative project financing (via IndiGrid InvIT) helps empower our project execution teams to deliver ahead of schedule. We are committed to fulfilling our promises to the market, government and all stakeholders, ahead-of-schedule.
Our Solutions Business is expanding horizons in the power transmission industry by developing an efficient reliable and resilent transmission ecosystem. Our work impacts communities and businesses.by enabling access to reliable , high- quality electricity. With power utilities facing increased pressure due to a rapidly growing population, increased demand and ageing infrastructure, there is an urgent need for augmentation and upgrades. We help power utilites to tackle their network congestion challenges, by providing solutions that upgrades and uprate corridor intensity.
Mr. Pratik Agarwal is the Managing Director of Sterlite Power. He has held this position since June 2016; previously he was the vice-chairman of Sterlite Grid, and also Director of the Infrastructure business for the Vedanta Group. He is a Wharton graduate and an MBA from London Business School with over 10 years of experience in building core infrastructure assets in India. He founded the Group’s infrastructure business in 2009 and built it upto levels where it now has significant investments in ports, power transmission and broadband networks. He is also the Chairman of the Electric Power Transmission Association and Transmission Task Force of FICCI.
At Sterlite Power, achieving our core purpose of “Empowering humanity by addressing the toughest challenges of energy delivery” through our work pushes us ever forward. Each of us take pride in our work and relentlessly pursue the dream of lighting up every home and life across the world. Many members of our team also experience opportunities to travel and personally witness the change for themselves.
Sterlite Power, a leading global developer in power transmission, has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). This project is part of India’s Green Energy Corridor (GEC) and will enable the country’s renewable energy target of achieving 175 GW RE by 2022. The project has secured funds worth INR 2,024 Crore from IndusInd Bank and L&T Infrastructure Finance.
Sterlite Power had won this project (WRSS 21 – Part B) through tariff-based competitive bidding (TBCB) process that connects the wind energy zones of Bhuj in Gujarat to the load centres in the States of Gujarat and Maharashtra. It involves laying of 330 kms of 765 kV double-circuit transmission line to connect 765/400 kV Lakadia substation to Vadodara substation in Gujarat, in an aggressive timeframe of 18 months.Sterlite Power is renowned for adopting global best practices and innovations for execution of its various projects with a track record of delivering on or ahead of schedule.