SOWING SEEDS

• Power business acquired from Sterlite Industries Ltd.
• Sterlite Technologies Ltd. (STL) forays into power transmission
• Expanded power conductor manufacturing capacity

STRENGTHENING ROOTS

• Sterlite Power (as a division of STL) awarded India’s first independent Power Transmission Project under Tariff-Based Competitive Bidding (TBCB)
• Set up power cable manufacturing facility in Haridwar, Uttarakhand
• Awarded India’s first 765 kV private project – Bhopal Dhule Transmission Ltd. (BDTCL)
• Established Master System Integrator (MSI) service line, in Gujarat energy transmission corporation limited (GETCO), West Bengal power grid corporation of India Limited, Telangana Transmission Corporation of Telangana Limited (TSTRANSCO) and UP Uttar Pradesh Power Transmission Corporation Limited (UPPTCL)
• Awarded RAPP Transmission Company Ltd. (RTCL) project with 403 ckm in Madhya Pradesh and Rajasthan and Purulia and Kharagpur Transmission Company Limited (PKTCL) with 545 ckm in Jharkhand and West Bengal

NURTURING GROWTH

• Standard Chartered Private Equity infused an investment of `500 crores (US$ 67.8 million)
• First inter-state project commissioned, East-North Interconnection Company Limited (ENICL) in Assam-West Bengal-Bihar
• Awarded Northern Region Strengthening Scheme - 29 (NRSS-29), a project in the challenging terrain of Jammu & Kashmir (J&K) with route length of 887 ckm
• Commissioned second project Bhopal Dhule Transmission Company Limited in Bhopal-Dhule
• Awarded Maheshwaram Transmission Company Limited project in Telangana, taking total project count to seven
• First private transmission developer to win an award from the Ministry of Power for early commissioning of 765/400 kV Dhule substation

SPREADING BRANCHES

• First developer to commission a TBCB project, RTCL ahead of schedule
• Commissioned the Jalandhar-Samba line – a key section of NRSS-29, the transmission corridor in Northern India, 12 months ahead of schedule
• Raised India’s first AAA (SO) rated infrastructure bonds without Government guarantee for transmission projects
• Invested in Finland-based Sharper Shape for UAV-based technology
• Deployed helicranes to set up a power transmission line in the mountainous terrain of J&K in partnership with Erickson Inc.
• Demerged from STL
• Delivered India’s first Smart Line (a combination of high-performance conductors, optical ground wire and communication lines)
• Won two projects in Brazil, becoming the first Indian transmission infrastructure developer to enter the global market IndiGrid listed on Indian stock exchanges; Sterlite Power transferred two projects to IndiGrid won Novo Estado, the largest project in Brazil Transmission Auction, increasing the total Latin American transmission portfolio to US$1 billion
• Awarded the largest uprate and upgrade project in India
• First customer onboarded on Sterlite’s MTCIL fibre network

EXPANDING WITH CONFIDENCE

• Acquired 28.4% stake in transmission infrastructure business from Standard Chartered Private Equity for `1,010 crores (US$137 million)
• Accreditation for OPGW facility 17025:2005- from National Accreditation Board for Testing and Calibration Laboratories (NABL)
• Won the largest global order of ~`300 crores (US$40.7 million) from GS S Korea for supply of High-Performance Conductor (ACCC)
• Won six new transmission projects in Brazil to take the total capex to US$2 billion
• Commissioned NRSS-29 ahead of schedule; the project was dedicated to the people of J&K by Prime Minister Shri Narendra Modi
• Successfully heralded ‘Zero Shutdown’ capability in India, with the reconductoring of a 66 kV transmission line in ‘live-line conditions’ in Bengaluru
• Agreement with IndiGrid for sale of five transmission asset from Sterlite Power worth `11,500 crores (US$1.6 billion)
• Bagged first underground MSI project with Geographic Information System (GIS) substation
• Completed OGPTL project 10 months ahead of schedule
• Won Pampa project, another prestigious transmission project in Brazil; taking Brazil project count to 10
• Successfully commissioned Arcoverde – the first project in Brazil, 28 months ahead of schedule
• Convergence business entered a Public Private Partnership (PPP) with Gurugram Smart City to build an intra city fibre network
• NRSS-29 chosen as Gold Winner in the IPMA Global Project Excellence Award 2019 for the mega-sized projects category
• NRSS-29 awarded Construction Project of the Year at the S&P Global Platts Energy Awards 2019

CONTINUING WITH RESILIENCE

• Addition of three Inter-State Transmission System (ISTS) projects worth ` ~3,600 crores, (US$488 million) Western Region Strengthening Scheme - XIX (WRSS-XIX), North Eastern Region Strengthening Scheme - IX (NERSS-IX) and Western Region Strengthening Scheme - XXI (WRSS-XXI) to our portfolio
• Achieved 3 million safe person hours (April 2019 to March 2020) at MSI projects with zero harm
• Pioneers in Live-Line Reconductoring Technology in India and Robotic technology for OPGW stringing through SkyRob^TM
• Transforming long-span river-crossings with Aluminum Conductor Composite Core – Ultra Low Sag (ACCC ULS) Ganga innovation and design
• Successfully charged our first project in Brazil - Arcoverde, 28 months ahead of schedule
• Successfully launched a Helicopter LIDAR survey on the Raigarh-Tamnar line of GTTPL project
• Awarded with ‘Safety in Electricity’ in Gold category at the Protection Brazil Awards 2019 for the use of drones and other technologies in crossing energised transmission lines
• Declared ‘Gold winner’ in the Earth & Environment Foundation (EEF) Global Sustainability Award 2021 for outstanding achievements in sustainability management
• Concluded sale of three Brazilian assets: Arcoverde, Novo Estado and Pampa
• Successfully executed and sold 3 projects – ENICL, GPTL, and NER-II, amidst COVID-19
• Won IPMA Project Excellence Awards 2021 for NER project
• Declared winner of the Asian Power Awards 2021 in the CSR Initiative of the Year category for Sterlite EdIndia Campaign
• Certified as Great Place to Work in 2021