Ricardo Cleber Zangirolami moves on to become member of the company’s Brazil Advisory Board
Raised as a non-convertible debenture with a three-year tenure
To establish energy transmission platform in India
Achieves financial closure for its Vapi II North Lakhimpur Transmission Limited (VNLTL) project
From Sterlite Power at an enterprise value of ~INR 10.8 Bn (USD 150 Mn)
Continues to remain as a shareholder in SIML, investment manager of IndiGrid
Will advise the Board and leadership team on matters related to strategy and growth.
Prior to joining Sterlite Power, Subramanian was associated with Reliance Capital as Chief People Officer for Financial Services business
Through this SPV, the company will execute a large inter-state transmission system (ISTS) project
Part of the Khargone Transmission Limited (KTL) project