Author: PPD Team Date: 14/02/2025
Sterlite Power has won new orders worth Rs 22.5 billion and secured L1 positions for orders worth Rs 6.5 billion in Q3 FY25, marking its highest order book in the current financial year.
These orders span across its Global Products and Services (GPS) business, covering high-performance conductors, Optical Ground Wire (OPGW), power cables, and specialized Engineering, Procurement, and Construction (EPC) services. The company also exports high-performance green products to markets in the Americas, the European Union, Africa, and the Middle East.
Key order include:
- Orders for conductors supporting renewable energy transmission projects in Rajasthan, Gujarat, Haryana, and Maharashtra, helping connect 42 GW of renewable energy to the grid. OPGW orders were secured from Power Grid Corporation of India (PGCIL) and state utilities.
- Contracts for supplying Medium Voltage (MV), High Voltage (HV), and Extra High Voltage (EHV) cables to state utilities, strengthening Sterlite Power’s position in the wire and cable market.
- A major contract from PGCIL for OPGW installation over a 1,900 km stretch, along with projects from Damodar Valley Corporation (DVC) and Gujarat Energy Transmission Corporation (GETCO), reinforcing its end-to-end transmission capabilities.