Despite regulatory, discom challenges, Sterlite Power bets on demand growth

IPO-bound Sterlite looks at growth in power transmission infra and power equipment industry

Topics
Sterlite Power | power demand forecast | Discoms

Shreya Jai  |  New Delhi 

Sterlite Power, the power transmission company of the Vedanta group, which has filed a draft offer with the Securities Exchange of Board of India for an initial public offer, is betting on the energy demand growth in the country, despite the setback from Covid-19 and several regulatory challenges.

Sterlite is banking on the large kitty of transmission projects to be offered by the Centre to augment the transmission and distribution (T&D) network across the country and in the states. The company, which has 26 per cent market share in power transmission projects awarded to private ...

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First Published: Wed, August 18 2021. 17:48 IST
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