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IndiGrid backer GIC teams up with Sterlite for another power transmission platform

Infrastructure

28 March, 2024

IndiGrid backer GIC teams up with Sterlite for another power transmission platform

Singapore sovereign wealth fund GIC has tied up with Vedanta Group company Sterlite Power to form a new platform to ......

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Grapevine: Serentica mulls stake sale; Pine Labs, Zepto may shift HQ to India

General

20 March, 2024

Grapevine: Serentica mulls stake sale; Pine Labs, Zepto may shift HQ to India

Serentica Renewables, backed by Sterlite Power, is in talks to sell a minority stake to raise about $300 million (Rs ......

Grapevine: Ares SSG, Edelweiss infra fund, ICICI Venture portfolio company in news

General

16 March, 2023

Grapevine: Ares SSG, Edelweiss infra fund, ICICI Venture portfolio company in news

Billionaire Anil Agarwal-led Vedanta group has widened its net to borrow from credit funds such as Farallon Capital, Davidson Kempner ......

KKR to invest $400 mn in Anil Agarwal-promoted Serentica Renewables

Finance

08 November, 2022

KKR to invest $400 mn in Anil Agarwal-promoted Serentica Renewables

Global private equity giant KKR has agreed to invest $400 million (around Rs 3,300 crore) in Serentica Renewables, a decarbonization ......

Sterlite Power waiting it out, to roll IPO depending on market demand

Infrastructure

26 July, 2022

Sterlite Power waiting it out, to roll IPO depending on market demand

Vedanta Group unit Sterlite Power Transmission Ltd is waiting for market conditions to turn favourable before it launches a planned ......

Sterlite Power snags Rs 440 cr debt from Tata Cleantech Capital

Infrastructure

07 March, 2022

Sterlite Power snags Rs 440 cr debt from Tata Cleantech Capital

Sterlite Power on Monday said it has secured a debt funding of Rs 440 crore (about $58 million) from Tata ......

Sterlite Power buys Nangalbibra-Bongaigaon Transmission from PFC Consulting

Infrastructure

28 December, 2021

Sterlite Power buys Nangalbibra-Bongaigaon Transmission from PFC Consulting

Transmission company Sterlite Power Transmission Ltd has bought Nangalbibra─Bongaigaon Transmission Ltd, a special purpose vehicle (SPV) floated by PFC Consulting ......

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Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor

Finance

12 January, 2021

Sterlite Power raises Rs 1,300 crore bridge finance from Allianz, local investor

Transmission company Sterlite Power has raised Rs 1,300 crore ($176.7 million) in debt financing from Germany’s Allianz Global Investors and ......

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

General

24 November, 2020

Grapevine: Google eyes Twitter-backed ShareChat; Apollo Global joins fray for BPCL

Google is in preliminary talks to acquire Twitter-backed regional language social media platform ShareChat at a valuation of over a ......

Grapevine: JSW, others circle Jhabua; LGT-Aspada platform may invest in AMP Energy

General

18 October, 2019

Grapevine: JSW, others circle Jhabua; LGT-Aspada platform may invest in AMP Energy

Avantha Group’s Jhabua Power, which is undergoing insolvency proceedings, has received expressions of interest from JSW, Adani Power, NTPC Ltd ......