Sterlite Power secures $600 million transmission project in Brazil

Sterlite Power has secured a new $600 million transmission project in Brazil. The company emerged as the winner for Lot 13 in the recent auction for transmission projects that was conducted by Brazil’s electric energy regulator ANEEL. This project takes the company’s investments in the Brazilian transmission sector to over $2 billion across 10 projects. Earlier, in 2018, Sterlite Power had announced plans to invest up to $4 billion in Brazil.

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