STERLITE POWER GRID VENTURES LIMITED

    Sterlite Power Grid Ventures Limited is an Indian Non-Government Company. It's a public company and is classified as'company limited by shares'.

    Company's authorized capital stands at Rs 175000.0 lakhs and has 91.83856% paid-up capital which is Rs 160717.49 lakhs.

    Sterlite Power Grid Ventures Limited is majorly in Manufacturing (Machinery & Equipments) business and currently, company operations are active.

    Company is registered in Ahmedabad (Dadar Nagar Haveli) Registrar Office.

    Sterlite Power Grid Ventures Limited Details

    CINU33120DN2014PLC000454
    StatusACTIVE
    Company CategoryCompany Limited by Shares
    Company Sub-categoryIndian Non-Government Company
    Company ClassPublic
    Business ActivityManufacturing (Machinery & Equipments)
    Authorized Capital175000.0 lakhs
    Paid-up Capital160717.49 lakhs
    Paid-up Capital %91.83856
    Registrar Office CityAhmedabad
    Registered StateDadar Nagar Haveli
    Registration Date03 Jun, 2014

    Sterlite Power Grid Ventures Limited News

    • India's power consumption increased by 5.14 percent to 125.44 billion units in November compared to a year ago. Peak power demand also saw a marginal rise to 207.42 GW. Warmer-than-normal weather contributed to subdued growth in power consumption. Experts predict steady power demand due to commercial and industrial activities and a drop in temperature.

      After a three-year delay due to legal challenges, CESC subsidiary Eminent Electricity Distribution Ltd has received approval to acquire the Chandigarh electricity distribution company for Rs 871 crore. The deal, won in 2021, was stalled by employee petitions but is now expected to be finalized within a month.

      India imported more coal in the first half of this financial year. The import figure reached 140.60 million tonnes. This is a 7.8 percent increase compared to the same period last year. However, September saw a dip in imports. Domestic coal production increased by 6 percent, reaching 453 million tonnes.

      Foreign investors renewed buying interest in the healthcare and power sectors, purchasing ₹2,321 crore and ₹1,168 crore in the second half of the month, after selling over ₹2,000 crore in both sectors in the first half of the month.

      India is updating its electricity demand forecasting to match generation needs and maintain grid stability amid rising use of renewable energy. The Central Electricity Authority will collaborate with weather agencies for better data and conduct more frequent forecasts. This aims to accurately predict demand, manage costs for utilities and avert blackouts.

    * Ministry of Corporate Affairs, 2019, Company/LLP Data, (Government of India administrative body to govern and regulate corporate affairs through the Companies Act 1956 & 2013 including other allied Acts, Bills and Rules) http://www.mca.gov.in/, Updated as on 15 May, 2015.

    Please Note: Data on this page may not be updated vis-à-vis company’s current credentials.

    The Economic Times

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