Sterlite Power to invest USD 10 billion

Sterlite Power is planning an investment programme of USD 10 billion over a period of next 3-4 years. The company had acquired the 28.4 per cent stake that Standard Chartered Private Equity (SCPE) held in its transmission business for Rs 1,010 crore, thus owning 100 per cent stake. The SCPE exited the company with over 100 per cent premium on its Rs 500 crore investment in made 2014. The current portfolio of the company consists of 15 projects, both completed and under-construction, across India (13 in total) and Brazil worth $4 billion.

<strong>Company Profile : <a href=>Sterlite Technologies Ltd</a></strong>

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