India cross-state electricity

GIC and Sterlite Power for JV for power transmission platform in India

Sterlite will have a 51% stake, whilst GIC will hold 49% interest.

GIC and Sterlite Power for JV for power transmission platform in India

Sterlite will have a 51% stake, whilst GIC will hold 49% interest.

India readies for cross-state electricity trading

This could pave way for cheaper power, but hurdles surrounding profitability remain.