HVDC a $30 bn market but India barely in the game: Sterlite Power MD

Renewable energy is now the cheapest power source. Companies primarily buy it for cost savings, with environmental benefits as a bonus

Pratik Agarwal is the managing director of Sterlite Power, a leading power transmission infrastructure company and producer of cables, the weakest link in India’s journey to Net Zero. He is also the chairman of Serentica Renewables, a developer of renewable projects, focusing on providing power to businesses. Of the Rs 3,000 crores of the privately held Sterlite’s revenues, 40 percent comes from exports, with more than half from the Europe and the US. Sterlite Power wants to double revenues to Rs 10,000 crores in the next three years focusing on both Indian and export markets, Agarwal told Business Standard in