Sterlite Power Wins 6 New Transmission Projects in Brazil

Talking about Brazil and company's investment in the region, the said, " Brazil requires an incremental 61,800 km in transmission lines, and an increase of 199,200 MVA capacity. This makes the market very attractive to us and we have already committed ~USD 1.7 bn of the planned USD 4 bn in the region. We intend to develop global partnerships to execute our global portfolio of projects."

Brazilian power sector is characterised with policy and regulatory maturity. Given the strong contractual framework, including long concession tenures (30 years), inflation-protected revenues (which help lower the forex risk), and auction-based bidding for projects which happen on a pre-announced cadence, the Brazil market presents an ideal setup for any private transmission player.

Sterlite Power is a leading global developer of power transmission infrastructure with projects of over 12,000 circuit kms and 20,500 MVA in India and Brazil . With an industry-leading portfolio of power conductors, EHV cables and OPGW, Sterlite Power also offers solutions for upgrading, uprating and strengthening existing networks. The Company has set new benchmarks in the industry by use of cutting-edge technologies and innovative financing. Sterlite Power is also the sponsor of IndiGrid, India's first power sector Infrastructure Investment Trust ("InvIT"), listed on the BSE and NSE.

For more details, visit: http://www.sterlitepower.com

Balaji Krishnaswami
Phone: +91-9971757474
Email: balaji.krishnaswami@sterlite.com