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Sterlite Power acquires stake in MTCIL JV for OPGW Fiber Network

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    April 20, 2022 9:47 PM EDT

    Sterlite Power has announced acquisition of 64.98% equity stake in Maharashtra Transmission Communication Infrastructure Limited (“MTCIL”) – a joint venture with Maharashtra State Electricity Transmission Company Limited (“MSETCL”).To get more news about kot4x broker, you can visit wikifx.com official website.

    MTCIL is a Public Private Partnership for OPGW (Optical Ground Wire) Fiber networks operating on a ‘BOOM’ model. MTCIL operates a fiber network of ~3,162 kms across 35 Co-locations, serving Telcos, ISPs and data centers, in the state of Maharashtra. Sterlite Power acquired this equity stake from Sterlite Technologies Limited (STL).

    Commenting on the acquisition, Mr. Pratik Agarwal, Managing Director, Sterlite Power, said, “OPGW fiber networks offer a reliable data delivery solution and help leverage the existing power utility infrastructure for telecommunications purposes. We intend to replicate this PPP OPGW model in other parts of the country. Such large-scale OPGW fiber roll-out is essential to achieve the ‘Digital India’ vision aimed at transforming the country into a digitally empowered society and knowledge economy.”
    an education lending fintech platform as part of being the associate sponsor of Lucknow Super Giants today, launched its new ad campaign with the punchline “Potential Hai Toh Possible Hai”.

    The ad campaign airs during this year’s IPL commercial breaks on Disney+ Hotstar featuring three marquee Lucknow Super Giants’ players- KL Rahul , Quinton De Kock and Manish Pandey. The players will be seen discussing the importance of identifying one’s potential to grow by drawing a parallel between how Lucknow Super Giants based the decision of picking players for their team based on the player’s potential, The underlying message showcased in the commercial is that all students with potential can benefit.

    Speaking about the brand’s first ad campaign with the debutant team Lucknow Super Giants , Mayank Batheja, “Believing in students’ potential has been at the heart of our brand’s core offering, which we have tried to reflect through our first ad film. The campaign is an organic extension to our brand strategy, which is centered around “Basing their loan decision on student’s potential and not their parental income.”

    “The film is an expression of situations that many of us may have faced in our lives, when someone gave us a chance by simply believing in our potential that’s it, and nothing else. This campaign gave us the opportunity to reinforce in our customers the belief that they can depend on themselves because ‘Potential Hai Toh Possible Hai’”