Sterlite Power Unlisted Share price

Sterlite Power Transmission Limited Unlisted Shares-Company Overview

Sterlite Power Transmission Limited is a public company domiciled in India and incorporated under the provisions of the Companies Act, 1956.

The Company and its subsidiaries (together referred to as ‘the Group’) are engaged in the business of Power products and solutions. Power products and solutions mainly include manufacturing of power transmission conductors, optical ground wire cables and power cables. It also includes execution of Engineering, Procurement and Construction Contracts for replacement of power transmission conductors, optical ground wire cables and power cables as a part of master system integration business. The Group is also in the business of developing power transmission systems for concessional periods ranging from 25 to 35 years under Build Own Operate & Maintain (“BOOM”) and Build, Operate and Transfer (‘BOT’) models.

Sterlite Power is the world's leading developer of transmission infrastructure, with more than 13,700km circuit projects and 26,100 MVA (Mega Volt-Amp) in India and Brazil. With an industry-leading power cable, EHV (Extra-High Voltage) cable, and OPGW (Optical Ground Wire) product portfolio, Sterlite Power also provides retrofit solutions for upgrading, uprating, and strengthening existing networks, and is the leading manufacturer of bare overhead conductors, exporting to over 60 countries.

Sterlite Power is also a sponsor of IndiGrid, which is India’s first energy Infrastructure Investment Trust (InvIT) listed on BSE and NSE.

By obtaining long-term and reliable project finance from certified investors, Sterlite power transmission keeps a competitive capital structure. Sterlite Power Unlisted Share Price is Volatile because of high demand.

Sterlite Power Transmission Limited Unlisted Share Details as of March 31, 2024

Incorporation Details of Sterlite Power Transmission Limited

Board of Directors & Management of Sterlite Power Transmission Limited

Mr. Pravin Agarwal, Chairman

Mr. Pratik Agarwal, Managing Director

Mr. A.R. Narayanaswamy, Non-Executive and Independent Director

Mr. Anoop Seth, Independent Director

Mr. Manish Agrawal, Whole Time Director & CEO India Transmission Business

Ms. Kamaljeet Kaur, Whole Time Director & Group CHRO

Principal Business Activities of Sterlite Power Transmission Limited

Sterlite Power Transmission Limited Shareholding Pattern (As of 31-03-2024)

Sterlite Power Transmission Limited Industry Overview

The power sector plays a crucial role in socio-economic growth and is instrumental to the development of a nation. Consistent and steady investments in the sector are therefore imperative to propel growth. Over the years the country has achieved the key milestones of achieving 100% electrification. As it strides further in its journey of development of the power sector, Hon. Prime Minister’s commitments announced during the COP26 summit shall act as a guiding principle.

As the dependence on fossil fuel decreases, the complementary rise in renewables and storage shall necessitate a rise large-scale build out of a transmission network. In addition, as the gap between the capita power consumption of India and the globe narrows, potential grid congestion would further propel grid modernisation and build out. Early seeds of increasing power demand have become evident in the previous fiscal.

In FY22, as the economy opened, the power demand grew by an 8.5% y-o-y to 1384 BU. During the year, the peak demand surpassed the previous high to reach ~200 GW. These numbers are likely to shoot further up as the country embarks on the journey of becoming “Atmanirbhar” and consolidates itself as a manufacturing hub of the world. Great strides have been made in the previous year towards it: several Performance Linked Initiative (PLI) schemes have been rolled out and have garnered positive reception from the industry. The PLI scheme to promote solar manufacturing was subscribed 5.5 times, while the scheme to promote battery manufacturing was subscribed 2.6 times. This indicates investor confidence in the Indian economy at large and in its power sector, in particular.

FAQs Sterlite Power Transmission Limited

Q1.What is the unlisted price of Sterlite power?

A1.The Sterlite power unlisted share price fluctuates on daily basis. To know more details contact us

Q2. Is Sterlite Power a good company?

A2. Yes, it is good company.

Q3.Is Sterlite power part of Vedanta?

A3. Sterlite power is owned by the Vedanta group.

Q4.Who is the owner of Sterlite power?

A4. Manish Agarwal is the owner of Sterlite power.