Standard Chartered Private Equity backs SPGVL

Sterlite Technologies, a global provider of transmission solutions for the telecom and power industries, has entered into agreements with Standard Chartered Private Equity for an equity investment in Sterlite Power Grid Ventures Ltd. SPGVL, a subsidiary of Sterlite, focused on the development and operations of power transmission projects, will issue convertible securities to Standard Chartered Private Equity for a minority share.

8 July 2014•3 mins read
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