Sterlite Power eyes ₹70,000 crore of renewable energy transmission projects
The Hindu
Company to raise ₹1,250 crore from initial public offer
Sterlite Power Transmission Ltd. said it would aggressively bid for business from among the transmission projects worth ₹70,000 crore coming up for auction soon. These projects have been announced for evacuation of green energy from generation centres.
Across the world, power generation is changing from fossil to non-fossil and this is giving rise to a large transmission infrastructure requirement across India and global markets, Pratik Agarwal, MD, Sterlite Power Transmission Ltd said.
“With India aiming to add 500 KW of RE (renewables) by 2030, huge investments are needed in the transmission sector, including the involvement of private sector players in the business.”
Around 440 MBBS graduates of 2021 are not required to undergo one year of compulsory rural service as per the bond signed by them while joining the medical course through government-quota seats in 2015 as the High Court of Karnataka has said the law, enacted in 2012 for mandatory rural service, remained unenforced for 10 years as it was published in the official gazette only in July 2022.