Sterlite Grid 32 raises Rs 2,450 Cr via listed NCDs to refinance MUML project

Sterlite Grid 32 has successfully raised Rs 2,450 crore through listed Non-Convertible Debentures (NCDs). This funding will be used to enhance the company’s infrastructure and finance new projects within the power transmission sector. The company’s strong reputation and focus on critical energy projects played a significant role in attracting institutional investors. With this capital infusion, Sterlite Grid 32 aims to further its mission of modernizing India's power transmission infrastructure, thereby contributing to the country’s energy needs and improving power delivery systems.