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Sterlite Power and GIC form JV for power transmission in India · Endata

◂ Announcements

Power Generation Equipmentworld trade 2024+2.1% 5Y CAGR

Mar 27, 2024PARTNERSHIPIndia

Sterlite Power and GIC form JV for power transmission in India

Sterlite Power and an affiliate of GIC signed definitive agreements to set up a new platform to develop and operate power transmission projects in India. Sterlite Power will own 51% and GIC will own 49%.

Status

Announced

Productspower transmission projects

CompaniesGIC partner Sterlite Power partner

Sectors#Power Generation Equipment

“This joint venture signals global confidence in India's growth vision.”gulfoilandgas.com

1 source
gulfoilandgas.comSterlite Power and GIC Announce JV to Create a Power Transmission Platform in India - Mergers and AcquisitionsMar 27, 2024

Summarized from public sources; check the original articles before acting on it.

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