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Sterlite Power awaits favourable equity markets for ₹1,250 cr IPO

NEW DELHI : Vedanta Group unit Sterlite Power Transmission Ltd is waiting for market conditions to turn favourable before it launches a planned initial public offering (IPO) worth ₹1,250 crore.Pratik Agarwal, managing director, said the timing of the share sale would depend upon market demand and valuation along with other fundraising options available to the company at…
