Sterlite Power raises Rs 725 crore from GEF Capital, ENAM Holdings

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Sterlite hived off its GPS business in October this year, and this marks the first fundraiser for the new business.

While India's consumption may grow at 6 per cent, power consumption in these top cities would grow at 10-11 per cent per year.

The product portfolio includes High-Performance Conductors, Optical Ground Wire, and HV/EHV Power Cables.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Sterlite Power plant GPS devices ENAM Holdings GPS tracker Sterlite Power GEF Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 19:28:25 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 24377762

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