Sterlite Energy IPO

November 12, 2007

Sterlite Energy, part of the Sterlite Industires which is owned by the Vedanta Group is planning to enter the capital markets with an IPO.

Sterlite Energy will build power projects with total capacity of 10,0000 Mw in India in the coming years and for financing these projects the company would go for the IPO.

Sterlite IPO would raise around $1bn to $2bn according to the market sources. For more information regarding the Sterlite Energy IPO, visit our blog frequently.

Posted in Indian IPOs