# 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%.

- Type: Partnership
- Announced: 2024-03-27
- Where: India
- Status: announced
- Products: power transmission projects
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GIC](https://endata.com/companies/7738.md) (partner)
- [Sterlite Power](https://endata.com/companies/31842.md) (partner)

## Sources

- [gulfoilandgas.com](https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=1001709), 2024-03-27: "This joint venture signals global confidence in India's growth vision."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.