Maharashtra Transmission Communication Infrastructure (MTCIL), a joint venture between Sterlite Power and Maharashtra State Electricity Transmission Company, has acquired a 64.98 percent equity stake (MSETCL).
MTCIL is a BOOM-based public-private partnership for OPGW (optical ground wire) fibre networks. MTCIL operates a 3,162 km fibre network in Maharashtra, serving telcos, ISPs, and data centres through 35 co-locations. Sterlite Technologies sold this equity stake to Sterlite Power (STL).
“OPGW fibre networks offer a reliable data delivery solution and help leverage the existing power utility infrastructure for telecommunications purposes,” said Pratik Agarwal, MD, Sterlite Power. This PPP OPGW model will be replicated in other parts of the country. The ‘Digital India’ vision, which aims to transform the country into a digitally empowered society and knowledge economy, necessitates such large-scale OPGW fibre deployment.”