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Home » News » Sterlite Power secures new orders worth INR 1500 crores

Sterlite Power secures new orders worth INR 1500 crores

By August 7, 2024 12:04 pm IST

Sterlite Power secures new orders worth INR 1500 crores
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The company has made significant strides in its business, securing orders for the supply of OPGW to various domestic and international customers. In the power cables segment, it has played a crucial role in bolstering India’s power infrastructure and enhancing disaster preparedness measures. 

Sterlite Power, a leading global power products and solutions provider has bagged orders worth INR 1,500 crores across its Global Products and Services (GPS) business that caters to high-performance, green products and specialised Engineering, Procurement and Construction (EPC) services. The new set of orders won across the domestic and international market in Q1 FY25, builds on the total order book of over INR 6,560 crores at the start of this financial year.

Commenting on the new order wins, Reshu Madan, CEO, Global Products and Services, said “The GPS business is witnessing remarkable expansion, reflecting the surge in the transmission sector and India’s robust economic outlook. These new orders, spanning various segments, reflect the materialising of our strategic business growth goals and the increasing demand for our products both domestically and internationally.” 

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The company has made significant strides in its business, securing orders for the supply of OPGW to various domestic and international customers. In the power cables segment, it has played a crucial role in bolstering India’s power infrastructure and enhancing disaster preparedness measures. Notably, the company has secured major orders worth INR 250 crores for the supply of Medium Voltage cables under the Government of India’s disaster management scheme, ensuring uninterrupted power supply in disaster-prone areas. Additionally, Sterlite has contributed to industrial modernisation by securing a turnkey project to replace ageing overhead power cable systems. The company has secured multiple orders in the EHV, HV, and MV cables category. Furthermore, its specialised EPC services have led to a significant order from Gujarat Energy Transmission Corporation Limited (GETCO) to uprate two vital 66kV lines, increasing ampacity through line reconductoring using high-performance conductors.

 This initiative marks a significant milestone, marking Sterlite Power’s first HTLS reconductoring project in the western region. 

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