Sterlite Power Limited has raised Rs 7.25 billion in its first primary fundraise since becoming an independent entity through it’s global products and solutions business.
This is the first fundraising round since the demerger of Sterlite Power’s operations. The funding round saw participation from GEF Capital Partners and ENAM Holdings. The funds will be utilised to support ongoing capital expenditure, enhance production capacity, accelerate the development of new products, and expand the business into international markets.