Sterlite Power Transmission Limited
Sterlite Power Transmission Limited is gearing up to aggressively bid for the transmission projects worth Rs. 70,000 crore which are coming up for auction. As per media reports, the company plans to raise fresh capital of INR 1,250 crore from its proposed IPO to fund its growth and capital expenditure plans. The firm is focusing on India and Brazil, which are the world’s two major markets for BOT transmission lines.
*Image used if any in this post is for illustration only
Note: The above-mentioned project news is taken from ProjectX India | 1st January 2022 edition. Click here to buy this issue.