Sterlite Power completes merger of Sterlite Power Grid Ventures with itself

New Delhi: Sterlite Power on Wednesday announced completion of merger of its arm Sterlite Power Grid NSE 0.12 % Ventures Ltd with itself. “Sterlite Power, a leading global power transmission player, has announced the completion of merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd with the parent entity,” the company said in a statement.

With this merger, the company further strengthens its position in the marketplace by integrating operations and streamlining the corporate structure, the statement added.