Sterlite Power said it has won new orders worth Rs 2,250 crore and secured L1 positions in orders worth Rs 650 crore in Q3FY25, marking its highest order book win in current fiscal.
‘L1’ means lowest technically accepted tender bid.
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These orders are spread across Sterlite’s Global Products and Services (GPS) business, including high-performance conductors, Optical Ground Wire (OPGW), power cables, and specialized engineering, procurement, and construction (EPC) services.
The company continues to build its market presence by exporting high-performance green products to key international markets in the Americas, the European Union, Africa, and the Middle East, the company said in a release.
Reshu Madan, CEO, Global Products and Services, said, “We are seeing immense traction from both domestic and international markets, indicating a promising future for the global transmission space. . The repeat orders for 144-fiber count OPGW cable and significant EPC contracts further position us as a trusted partner in the power transmission sector. We are committed to delivering sustainable solutions that support energy transition and infrastructure development worldwide.”
Sterlite Power’s Overhead Conductor business has secured orders for high-performance conductors which include supply for green energy transmission projects in Rajasthan, Gujarat, Haryana, and Maharashtra. These projects would help connect 42 GW of renewable energy to the national grid. The business has also secured OPGW orders from Power Grid Corporation of India and several state utilities.
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Power Cables business continued to expand its presence in medium voltage (MV), High voltage (HV), and extra high voltage (EHV) cables. These orders are towards supply of cables for projects with state utilities. This business is making inroads in being one of the pioneers in the Wire and Cable market.
Sterlite Power’s specialized EPC services business secured contracts from leading utilities including a major order from PGCIL for OPGW installation over a 1900 km stretch.
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