Sterlite Power and GIC announce a joint venture to develop and operate power transmission projects in India. Sterlite Power will hold a majority 51% stake, with GIC owning 49%. With a focus on India s transmission sector, the venture aims to leverage a USD 13 billion bid pipeline, signaling confidence in India s growth vision.
The power ministry recently unveiled a plan for investment of ₹2,50,000 crore in building transmission infrastructure for meeting the vision of 500 GW of renewable energy capacity by 2030 to meet its energy transition goal.
EPC company JMC Projects bags new orders worth Rs 1,262 cr
SECTIONS
Last Updated: Apr 12, 2021, 11:38 AM IST
Share
Synopsis
The orders include building projects in India of Rs 1,059 crores and water project in Maldives of about Rs 203 crore.
Agencies
JMC Projects has won new orders worth Rs 1,262 crore. Kalpataru Power Transmission Projects arm JMC Projects, a civil engineering and EPC company has secured new orders of Rs 1,262 crore (received orders of Rs 431 crore in March 2021 and Rs 831 crore in month of April 2021 till date), a BSE filing said. The orders include building projects in India of Rs 1,059 crores and water project in Maldives of about Rs 203 crore.
New Delhi, Apr 12: Kalpataru Power Transmission arm JMC Projects has won new orders worth Rs 1,262 crore. "Kalpataru Power Transmission Projects arm JMC