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Sterlite Energy Ltd (SEL) was selected as the developer of the project based on the Tariff Based International Competitive Bidding Process (Case-2) on BOO basis for supply of 100 per cent power to Punjab State Electricity Board (PSEB) for 25 years as per the guidelines of Government of India. Power Purchase Agreement and other related ...
In 2001, Sterlite industries, BPL and Videocon were found guilty by the Securities Exchange Board of India of having colluded with the broker Harshad Mehta and 17 brokers (10 from BSE and 7 from NSE) in a bid to corner shares and rig shares prices. This resulted in a ban on Sterlite from accessing capital markets for 2 years. [59]
IndiGrid was established with Sterlite Power as its sponsor in October 2016, as per the SEBI InvITs Regulations. [7] [8] In May 2017, IndiGrid opened its initial public offer (IPO) to raise ₹2,250. It is the first power sector InvIT and the second InvIT to get listed on exchange after IRB InvIT Fund. [9]
And gold also shattered records on its way to a 27.4% gain for the year. Only about 38% of the stocks in the S&P 500 fell Tuesday, but a slide in technology stocks outweighed gains elsewhere in ...
TUTICORIN, India--(BUSINESS WIRE)-- Sterlite Industries (India) Limited announces that the first 80 MW unit of its 160 MW thermal power plant at Tuticorin has been successfully synchronised on ...
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Sterlite Industries (India): Sterlite is registered office headquartered in Tuticorin, Tamil Nadu, India. Sterlite has been a public listed company in India since 1988, and its equity shares are listed and traded on the NSE and the BSE, and are also listed and traded on the NYSE in the form of ADSs. Vedanta owns 53.9% of Sterlite and has ...
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