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AI, data centre boom powers these 9 stocks up to 477% in 2026. Can you still join the party?India's data centre industry is experiencing a multi-year growth phase, fueled by digitalization, cloud adoption, and AI demand. This surge...
Sterlite Power raises Rs 725 cr from GEF Capital, ENAM HoldingsSterlite Power's newly demerged Global Products and Solutions (GPS) business secured Rs 725 crore funding from GEF Capital and ENAM Holding...
Sterlite Power gets stakeholders' nod to demerge transmission bizThe transmission business can target long-term, patient investors seeking predictable cash flow, while SPTL, focusing on Global Products & ...
Three companies in fray for Sterlite JV's 2 transmission projectsSterlite has received bids from three entities - IndiGrid, Torrent Power and Edelweiss Infra Fund - and these bidders are currently engaged...
IndiGrid’s Rs 1,284 cr-rights issue will create more room for acquisitions: CEOThe units are being offered on a rights basis to the eligible unitholders in the ratio of one lot for every five lots of 1,701 units, held ...
IndiGrid to buy 100% stake in NER II from Sterlite Power for Rs 4,625 croreThe indicative value of the acquisition is Rs 4,625 crore and would boost IndiGrid's asset under management (AUM) by 34 per cent to over Rs...
Sterlite Power completes merger of Sterlite Power Grid Ventures with itselfWith this merger, the company further strengthens its position in the marketplace by integrating operations and streamlining the corporate ...
Private equity firm KKR withdraws intention to sponsor India Grid TrustAccording to the deal terms, KKR affiliate Esoteric II Pte got 23% units of the trust with an option to buy a further 15% by July 15 this y...
IndiGrid completes acquisition of ENICL from Sterlite PowerWith the acquisition of East North Interconnection (ENICL) from Sterlite Power, IndiGrid's assets under management (AUM) will increase by 1...
IndiGrid to acquire Rs 1,020 cr-transmission project from Sterlite PowerIndiGrid, the infrastructure investment trust backed by KKR, will acquire the acquisition of East North Interconnection Company for Rs 1,02...
IndiGrid to acquire power transmission firm ENCIL for Rs 1,020 croreENICL is part of inter state transmission scheme network and consists of two 400 KV transmission lines with a total 900 circuit kilometers ...
KKR, GIC to invest Rs 2,000 cr in Sterlite Power TrustKKR to become co-sponsor of India Grid Trust and will jointly manage it with Sterlite Power
Sterlite Power bids for two battery energy storage projects in US"This marks the first foray of Sterlite Power into grid connected battery energy storage systems (BESS)," the company said in a statement.
Sterlite Power sells 3 assets to IndiGrid for Rs 1,410 crIndiGrid, the country's first infrastructure investment trust (InvIT), is also looking to acquire more assets to increase its portfolio and...
Sterlite Power lowers InvIT IPO size to Rs 2,250 croreThe bids can be made for a minimum of 10,205 units and in multiples of 5,103 units thereafter, it added.
Sterlite Power Grid Ventures raises Rs 925 crore through NCDsSterlite Power Grid Ventures said it has raised Rs 925 crore through issuance of non-convertible debentures. Another Rs 2,500 crore bond is...
- Sterlite Grid gets letter of intent for Odisha project
Sterlite Grid has received a Letter of Intent for commissioning power evacuation infrastructure in Odisha built with a capex of Rs 1,250 cr...
Sterlite Grid commissions Jabalpur Transmission projectSterlite Power Grid Ventures has commissioned its Jabalpur Transmission project, which has been set up at an estimated cost of about Rs 1,5...
Sterlite Tech's arm bags UMTP project; stock rallies 10%The project consists of one substation and 800 circuit kms of 400kV lines in the states of Punjab and J&K. Sterlite Grid has quoted an annu...
Sterlite Tech wins 6th UMTP project from governmentSterlite Technologies Ltd said its arm Sterlite Grid Ltd has been awarded sixth ultra- mega transmission project on build-own-operate basis...