Sterlite Power Transmission to transfer 3 power projects to GIC

Sterlite Power Transmission Ltd, a privately-held unit of mining company Vedanta Ltd, has transferred three under development power transmission projects in Kishtwar (Jammu & Kashmir), Nongalbibra (Meghalaya) and Fatehgarh (Uttar Pradesh) into its joint venture with Singapore’s sovereign wealth fund GIC Pte called Sterlite Grid 32 Ltd.