Sterlite Power, GIC to form JV for developing, operating power transmission projects in India
Sterlite Power and global investment firm GIC will set up a joint venture for developing and operating power transmission projects in India, a statement said on Wednesday. The joint venture (JV) will focus on developing and operating power transmission projects in the country.
Private power transmission developer Sterlite Power will own the majority 51 per cent stake and GIC will own the remaining 49 per cent shareholding, the statement said.
