Who We Are

Sterlite Power is India’s leading integrated power transmission developer and solutions provider, focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital.

In our Global Infrastructure Business, we bid, design, construct, own and operate power transmission assets across multiple geographies. Given our expertise in project execution and our experience in leveraging cutting-edge technology, we have built a track record of commissioning projects ahead of schedule, addressing the key constraint of time. We help meet the industry’s need for capital by implementing projects on a BOOM (Build Own Operate Maintain) basis and being at the forefront of financial innovation via IndiGrid, India’s first power sector Infrastructure Investment Trust (InvIT).

In our Solutions Business, we provide bespoke solutions to solve complex problems for power utilities, specializing in upgrading, uprating and strengthening power delivery networks. These technology-intensive solutions enable our customers to plan network expansions despite challenges of ROW, environment regulations and urbanization, thereby addressing space constraints. We leverage our market leading manufacturing capability of conductors, cables and optical ground wire (OPGW), as well as our excellence in project delivery, to tackle the constraint of time.

Our Convergence Business operates at the confluence of the power and telecom sectors. We leverage our transmission infrastructure to roll out reliable communication networks, thereby advancing the Digital India mission.

We believe that electricity access transforms societies and delivers long lasting social impact. Sterlite Power is uniquely positioned to solve the toughest challenges of energy delivery located at the intersection of constraints around time, space and capital.

Sterlite Power is India’s leading integrated power transmission developer and solutions provider, focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital.

In our Global Infrastructure Business, we bid, design, construct, own and operate power transmission assets across multiple geographies. Given our expertise in project execution and our experience in leveraging cutting-edge technology, we have built a track record of commissioning projects ahead of schedule, addressing the key constraint of time. We help meet the industry’s need for capital by implementing projects on a BOOM (Build Own Operate Maintain) basis and being at the forefront of financial innovation via IndiGrid, India’s first power sector Infrastructure Investment Trust (InvIT).

In our Solutions Business, we provide bespoke solutions to solve complex problems for power utilities, specializing in upgrading, uprating and strengthening power delivery networks. These technology-intensive solutions enable our customers to plan network expansions despite challenges of ROW, environment regulations and urbanization, thereby addressing space constraints. We leverage our market leading manufacturing capability of conductors, cables and optical ground wire (OPGW), as well as our excellence in project delivery, to tackle the constraint of time.

Our Convergence Business operates at the confluence of the power and telecom sectors. We leverage our transmission infrastructure to roll out reliable communication networks, thereby advancing the Digital India mission.

We believe that electricity access transforms societies and delivers long lasting social impact. Sterlite Power is uniquely positioned to solve the toughest challenges of energy delivery located at the intersection of constraints around time, space and capital.

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Core Purpose

"Empowering humanity by addressing the toughest challenges of energy delivery."

core values
Core Values

Every one counts

Every person, every thought, every opinion deserves a chance to be heard. No matter who you are or where you are from - you are respected.

- We listen before we respond or react.

- We may disagree but we do so with humility and respect for another's opinion

Core Values

Thank God it’s Monday!

A fun working environment for us is one that is motivating and challenging. We are encouraged to bring our best selves to work each day. Colleagues are friends and work is passion.

- We feel energised by our core purpose and that’s what makes coming to work fun every day

- High pressure situations don’t feel so tough with our team mates around

Core Values

A new way today

The world is constantly changing, and to achieve our purpose we must embrace this change. We constantly look for new and better ways to do our work. Innovation is our mind-set.

- We observe everything around us to see what can be better

- We don’t rest on our laurels, we want to keep improving

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Core Values

We work to improve lives

We work to improve lives We do what we do to create a ‘dent in the universe’. Our social impact is in making electricity access a reality. Each of us, in our own way contributes to the purpose.

- We believe that electricity access transforms lives

- We solve the toughest challenges because they are the ones with the most impact

our strategy
Core strategy

Our strategy is focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital. The Government’s vision of 24x7 energy access to all, coupled with the rapid development of renewable generation capacity, requires transmission projects to be commissioned in a fraction of the conventional time frame, creating a time constraint. Urbanization, environment regulations and Right of Way (ROW) issues create a space constraint for power transmission projects. The scale of investment required to build transmission capacity to meet the country’s power needs is significant, creating a capital constraint.

Infrastructure

Through our Global Infrastructure Business, we bid, design, construct, own and operate power transmission assets across multiple geographies. Our expertise in project execution, business model innovation and leveraging cutting-edge technology has allowed us to build a track record of commissioning projects ahead of schedule, addressing the key constraint of time and capital.

Solutions

Our Solutions Business provides bespoke solutions to solve complex problems for power utilities and industrial clients. Our focus on strengthening power delivery networks through bespoke solutions in the area of upgrade, uprate , extra high voltage (EHV) and fibre has helped us establish a firm footing on projects. Our technology-intensive solutions and innovative products enable clients to plan network expansions despite challenges of right of way (ROW), environment regulations and urbanization, thereby addressing space and time constraints.

Convergence

Our Convergence Business operates at the confluence of the power and telecom sectors. We leverage our transmission infrastructure via a series of industry first solutions to roll out reliable communication networks for Internet Service Providers and Telecommunications companies, thereby advancing the Digital India mission.

Investment management

The transmission infrastructure industry’s need for capital is recurring. By implementing projects on a BOOM (Build Own Operate Maintain) basis and leveraging the resources of IndiGrid, India’s first power sector infrastructure investment trust, we have moved to the very forefront of financial innovation.

leadership
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Pravin Agarwal

Chairman

Mr. Pravin Agarwal anchors Sterlite Power Transmission Limited as Chairman and Sterlite Technologies Limited as Vice-Chairman with rich industry experience of more than 30 years. He has been closely involved with Sterlite Group’s operations in India since its inception in 1979. Sterlite Power and Sterlite Technologies are pioneers in power and data transmission products and solutions with a global presence in over 100 countries. He has been instrumental in the growth of the company’s telecom and power businesses. Backed by his exhaustive experience of over three decades, he has been the driving force behind Sterlite’s expansion into multiple markets and the company’s continued growth momentum. He is an astute businessman, with proven expertise in general management and commercial affairs.

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Pratik Agarwal

Group Chief Executive Officer

Mr. Pratik Agarwal is the Group Chief Executive Officer of Sterlite Power. He has held this position since June 2016; previously he was the vice-chairman of Sterlite Grid, and also Director of the Infrastructure business for the Vedanta Group. He is a Wharton graduate and an MBA from London Business School with over 10 years of experience in building core infrastructure assets in India. He founded the Vedanta Group’s infrastructure business in 2009 and built it up to levels where it now has significant investments in ports, power transmission and broadband networks, with total assets under management worth US$ 2.5 billion. Under his leadership, Sterlite Power became the first Indian company to win transmission development project in Brazil. He has led the creation and launch of IndiGrid, India’s first InvIT, with a vision of $10 bn AUM of power transmission assets. He is also the Chairman of the Electric Power Transmission Association and FICCI Transmission Task Force.

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Dr. Anand Agarwal

Non - Executive Director

Dr. Anand Agarwal is CEO of Sterlite Technologies since 2003. Under his leadership, Sterlite Tech has grown from an optical fibre manufacturer to one of the leading global providers of optical communications products, system integration services and telecom software. Dr. Anand joined Sterlite Tech in 1995 after a brief stint in Siemens. Since then he has held various key positions across the Company in operations, projects, business development and sales. He was honoured with the prestigious ‘Broadband Infrastructure Leader Award’ at the Telecom Leadership Forum held in 2016 for silently transforming broadband infrastructure. He serves as a Director on the Board of Sterlite Technologies, and its subsidiaries in infrastructure development and joint ventures in Brazil and China. He has completed Bachelor’s in Engineering with specialization in Metallurgical Engineering from IIT Kanpur, and Masters’ and Ph.D. from the Rensselaer Polytechnic Institute, USA.

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Avaantika Rajesh Kakkar

Non - Executive & Independent Director

Ms. Avaantika Kakkar is a law graduate from Indian Law Society’s Law College. She leads and advises on complex merger filings with the CCI. Besides advising on joint ventures, she represents select clients on the enforcement side before the CCI and the Office of the Director General. She provides strategic advisory support on commercial arrangements and compliance issues. Her background in corporate and securities laws and structured finance equips her uniquely for strategic advice on merger control issues in India. She has authored a book titled ‘A Perspective on Product Liability Law and Consumer Safety (2006)’. She serves as an independent director on the Boards of public companies including Sterlite Technologies Limited and MSL Driveline Systems Limited. She is amongst the World’s Leading Competition Lawyers as per The International Who’s Who of Competition Lawyers & Economists 2014, is a ranked lawyer in Chambers Global 2015, was recognised as GCR’s Top 100 women in Antitrust, 2016 and is a Leading Lawyer (Asia Law).

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Arun Todarwal

Non-Executive & Independent Director

Arun Todarwal is a fellow member of the Institute of Chartered Accountants of India. He has been practicing as a Chartered Accountant since 1981 and is a partner of M/s. Todarwal & Todarwal LLP, Chartered Accountants in Mumbai. During his years of practice, he has handled various professional assignments including Statutory Audits, Internal Audits, Management and Systems Audits, Due Diligences, Taxation, International Taxation, Joint Ventures, etc. He is well-versed in Tax matters and has traveled abroad on several occasions to deliver talks on Indian Taxation as well as Investment in India.

Arun Todarwal is also a member of various professional bodies. His vast experience has put him on panel of Auditors with the Registrar of Co-operatives Societies and the Official Liquidator, Mumbai High Court.

Through his career, Arun Todarwal has gained a lot of experience and is highly accomplished in the profession of Chartered Accountancy.

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Lalit Narayan Tandon

Non - Executive & Independent Director

Mr. Lalit Tandon is a Chartered Accountant by profession having a experience of more than 40 years in the finance domain. He started his career with Hindustan Machine Limited in 1976 and joined Bharat Aluminium Ltd. in 1978. In 2001, he joined Sterlite Industries after the takeover of BALCO and in 2008, he joined Vedanta Limited. In 2011, he retired from Vedanta and worked as consultant till 2014. He has handled a team of highly qualified tax professionals. He has been responsible for all FERA/FEMA compliances. He has also handled all power sales of VAL 1,215 MW & 2,400 MW Sterlite Energy Limited power plant.

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José Luiz Alquéres

Is currently a Partner / Director at JLA – JL Alquéres Consultores Associados Ltda and has had a distinguished career spanning over 50 years with leading Energy companies. Mr. Alquéres has served as National Secretary of Energy, CEO of Light Servicos de Eletricidade S.A., CEO of Alstom Brasil Energia e Transporte Ltda, Chairman of the Board and CEO of Eletobras - Centrais Eletricas Brasileiras S.A.and Managing Director of BNDESPAR and Cia Bozano Simonsen. Mr. Alquéres is a Civil Engineer Post-Graduate in Regional Planning from OEA Brazil and a Post-Graduate in Electric Energy Expansion Planning from Chicago University, USA.

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Charles Laganá Putz

Currently a Partner Rio Bravo Investimentos Ltda., has led multiple large- scale assignments in a career spanning over 3 decades. Mr. Putz was CEO and President Brazil of Namisa Nacional Minérios, Founding Partner of Verena Ventures, CFO Brazil of Brasil Telecom S/A. and CFO Brazil of Telefonica Empresas S.A. Mr. Putz has multiple degrees in business management including Post-Graduation in Business Management from FGV - Fundacao Getulio Vargas, MBA from IMD Switzerland and an Advanced Management Programme from Harvard Business School.

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Firdose Vandrevala

Former Managing Director, Tata Power, was recently the President of the All India Management Association (AIMA). During his long and illustrious career, he has been associated with core sectors such as steel, power, telecommunications and real estate, with leading organizations such as Tata Group, Motorola and Hirco. He graduated from IIT Kharagpur and holds a PGDBM from XLRI, Jamshedpur. He has participated in executive training programs at both Harvard and INSEAD Business Schools.

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Pratik Agarwal

Group Chief Executive Officer

Mr. Pratik Agarwal is the Group Chief Executive Officer of Sterlite Power. He has held this position since June 2016; previously he was the vice-chairman of Sterlite Grid, and also Director of the Infrastructure business for the Vedanta Group. He is a Wharton graduate and an MBA from London Business School with over 10 years of experience in building core infrastructure assets in India. He founded the Group’s infrastructure business in 2009 and built it upto levels where it now has significant investments in ports, power transmission and broadband networks. He is also the Chairman of the Electric Power Transmission Association and Transmission Task Force of FICCI.

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Ved Mani Tiwari

CEO - GLOBAL INFRASTRUCTURE

Mr. Ved Mani Tiwari has nearly three decades of experience in Senior capacities in roles of General Management, Policy Making, Program Management and large scale Project Execution. He has worked on various positions in the Government of India, Central Public-Sector Enterprises and the Private Sector. He is also widely recognized as an innovator. He holds a Bachelor’s Degree in Electrical Engineering from MMMUT, MBA from ISB, Hyderabad, and has done Executive Programs from Kellogg School of Management and Wharton Business School.

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Manish Agarwal

CEO - SOLUTIONS

Mr. Manish Agarwal is the CEO for Solutions business. He has close to two decades of experience in Telecom & Energy sector in Indian & overseas markets. He is the Member of IEEMA Executive Committee. Mr. Manish has a Bachelor of Engineering degree and an Master’s degree in Business Management from Federation University, Australia. He has also pursued Executive Leadership Programs from the IIM, Ahmedabad and ISB, Hyderabad.

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Harsh Shah

CFO

Mr. Harsh Shah is having 10 years of experience in private equity financing, mergers and acquisitions, infrastructure financing, regulatory and macroeconomic policy issues with a focus on the infrastructure sector. He holds a bachelor’s degree in Electrical Engineering from the Nirma Institute of Technology, Gujarat University and a masters’ degree in Business Administration from the National University of Singapore.

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Vithal Acharya

CPO

Mr. Vithal Acharya is the Chief People Officer of Sterlite Power. In this role, he is charged with directing and enabling organizational imperatives and people plans, towards meeting their 3-5 years business road map. He has two decades of experience and he has led various HR roles with General Electric and HCL Technologies. He holds a Master’s Degree in Economics from Mumbai University, and a Post Graduate Diploma in Personnel Management and Industrial Relations from XLRI, Jamshedpur.

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Manya Ranjan

HEAD - STRATEGY MANAGEMENT

Mr. Manya Ranjan heads the Office of Strategy Management, which drives formulation, alignment and execution of corporate strategy for Sterlite. He is an energy sector expert with over 12 years of experience across North America, South East Asia, Australia and India. Prior to joining Sterlite, he spent 6 years with Mckinsey & Company. Mr. Manya is a Chemical Engineer by training, having done his undergraduate from Indian Institute of Technology, Delhi and Masters from Massachusetts Institute of Technology.

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Boomi Balasubramanian

CHIEF INFORMATION & DIGITAL OFFICER

Mr. Boomi Balasubramanian brings in more than 21 years of experience in enabling businesses through Information technology and digital innovation. He has worked with various GE businesses, National Grid, GSK, Dover Corporation in India, US and Europe in key leadership roles. He has led global innovation and built disruptive capabilities both organically and through strategic acquisitions to deliver digital business. Mr. Boomi holds an Executive MBA from IIM Bangalore.

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N. K. Panda

BUSINESS HEAD - CONVERGENCE

Mr. N. K. Panda leads the Convergence Business which aims to create a national wide fiber optic network primarily on Power Utility infrastructure. He has over 12 years of experience in setting up large green field Telecom projects and specializes in Go-To-Market strategy and implementation. Prior to joining Sterlite Power, he has worked across Mobility, FTTH and Enterprise Businesses in Reliance Jio, Telenor and Reliance Communications. He has done his MBA from FMS, Delhi University and Computer Science engineering from Birla Institute of Technology, Mesra, Ranchi

awards
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Innovative Initiatives in the Power/Energy Sector

November-25, 2016, New Delhi

Sterlite Power bagged two awards for ‘Innovative Initiatives in the Power/Energy Sector’ and ‘Remarkable Projects’ at 9th India Power Award Ceremony by Council of Power Utilities.

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I.C.O.N.I.C – IDC Insights Awards 2016

December- 8, 2016, Pune

Sterlite Power wins I.C.O.N.I.C – IDC Insights Awards 2016 in manufacturing and logistics vertical for displaying innovation & creativity in IT- Business Projects.

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Indian Manufacturing Excellence Award

December- 9, 2016, Mumbai

Sterlite Power cable manufacturing plant at Haridwar bagged Indian Manufacturing Excellence Award from Frost Sullivan for operational excellence.

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Process Innovation Award

December- 9, 2016, Mumbai

Sterlite Power conductor manufacturing Plant at Silvassa emerged as a winner for ‘Process Innovation’ in Project Evaluation and Recognition Program from Frost & Sullivan.