Sterlite acquires RECTPCL’s SPV for 400 kV Udupi–Kasargode line project in India

Sterlite Grid 14 Limited, a subsidiary of Sterlite Power Transmission Limited (SPTL), has acquired Udupi Kasargode Transmission Limited — a special purpose vehicle (SPV) and wholly owned subsidiary of REC Transmission Projects Company Limited (RECTPCL) — set up for the implementation of the 400 kV Udupi–Kasargode project.