About UsSterlite Technologies is a leading global provider of transmission solutions for the power and telecom industries. Sterlite is also executing multi-million dollar power transmission system projects, Pan-India. |
Achievements1988
Copper telecom cables facility started 1992
Fiber Optic cables facility started 1995
Optical fiber facility started 1997
Expansion of optical fiber capacity to 1 million-km 2006
Acquisition of power transmission business from Sterlite Industries Ltd
Commencement of telecom integration & managed services business
Offices started in Thailand, Russia & UAE
InfrastructureBUSINESS OVERVIEW
Sterlite has been awarded three projects for building power transmission systems (lines and substations) in India, as a Developer, on a Build Own Operate Maintain ("BOOM") basis. For these projects, Sterlite would undertake the designing, financing and construction and maintenance of the transmission systems for concession periods ranging from 25 to 35 years
Once the power transmission system is built and is available for use, Sterlite would be paid a quoted transmission tariff for the entire concession period by various users of the transmission systems. This arrangement is similar to a take or pay arrangement.
Sterlite's portfolio of three projects aggregate to a total value of about
Rs. 40 Billion. These transmission systems would evacuate and transmit power through a network of about 2200 km of transmission lines and 2 substations; in the states of Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh, West Bengal, Bihar and Assam.
In the next decade, India needs to spend over Rs. 1400 Billion on transmission systems and Sterlite believes the BOOM model will be the preferred model and that it is well positioned to become a market leader in this sector.
|
 | Fact Sheet | | | Year of Establishment | : | 1988 | | Nature of Business | : | Manufacturer, Service Provider | | Major Markets | : | Indian Subcontinent, East Asia, Middle East and South East Asia |
|
|
Contact Details| | Company Name:
| Sterlite | | Contact Person: | Mr. Meraj Malik | | Telephone: | +(+91)-(20)-30514000
| | Mobile / Cell Phone: | +(+91)-9021586126 | | Fax No: | +(+91)-(20)-26138083 | | Address: | 4th Floor Godrej Millennium, 9, Koregaon Road, Pune, Maharashtra - 411001 (India) |
|
|
Processing...
