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Sunday, 24 September 2023 13:30

Sterlite Power acquires Beawar Transmission to develop power project in Rajasthan

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Sterlite Power has acquired Beawar Transmission Ltd to undertake power transmission projects in Rajasthan. The special purpose vehicle (SPV) was awarded to Sterlite Power through a tariff-based competitive tender in August. The company will build the green energy corridor project on a build, own, operate and transfer (BOOT) basis for a period of 35 years. This is Sterlite Power’s 19th transmission project in India and manages projects worth Rs 12,000 crore.


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