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Sterlite Power secures Rs 22.5 billion orders in Q3 FY25

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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…

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GE Vernova wins contract for HV equipment supply from Sterlite Power

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GE Vernova T&D India Limited secured a contract worth over Rs 4,000 million from Sterlite Power Transmission Limited on December 19, 2024.  The contract covers the supply and supervision of high voltage (HV) equipment.  The project is expected to be completed by December 19, 2026, and is being implemented through the tariff-based competitive bidding (TBCB) process.

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Sterlite Power raises Rs 7.25 billion to expand global operations

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Sterlite Power Limited has raised Rs 7.25 billion in its first primary fundraising since becoming independent. The funds were raised through its global products and solutions business. This marks the first fundraising round since the company’s demerger. The round saw participation from GEF Capital Partners and ENAM Holdings. The capital will be used for ongoing capex, enhancing production capacity, developing new products, and expanding into international markets.

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Sterlite Power secures Rs 545 million OPGW contract from PGCIL

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Sterlite Power Transmission Ltd has been awarded a contract valued at Rs 545 million by Power Grid Corporation of India Limited (PGCIL) for the supply and installation of Optical Ground Wire (OPGW) under the 9th and 11th National Communication Trunk (NCT) projects.  The scope includes installing OPGW on existing main lines that are looped in and out (LILOed) under various transmission schemes in the Northern and Western Regions.  PGCIL invited bids for this project in…

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Sterlite Power completes the 400 kV GTTPL GIS in Goa

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Sterlite Power has announced the commissioning of three vital components of its interstate transmission system (ISTS) project in Goa, managed by the special purpose vehicle “Goa Tamnar Transmission Ltd.”  Goa’s first 400kV Gas Insulated Substation (GIS) at Dharbandora is now operational. The final project element, the Xeldem-Narendra transmission line, is slated for commissioning soon. The Dharbandora GIS enables South Goa to receive a 400kV power supply for the first time, ensuring greater stability, fewer outages,…

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Sterlite Power and Infravision partner to modernize India’s power transmission infrastructure

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Sterlite Power has teamed up with Infravision to modernize India’s power transmission infrastructure using advanced, technology-driven construction methods.  India’s plan to build 50,000 ckm of transmission lines by 2030 underscores the need for efficient, scalable solutions, and Sterlite Power aims to be a key player in this transformation. Through this partnership, Infravision will provide its innovative transmission construction technology to support 100% of Sterlite Power’s stringing needs across high-voltage projects, ranging from 400 kV to…

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Sterlite Power wins contract of Rs 682.5 million from PGCIL

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Sterlite Power Transmission Limited has secured a contract worth Rs 682.5 million from Power Grid Corporation of India Limited (PGCIL) for reconductoring Package OH01. The package includes the reconductoring of the 220 kV Hisar (PG) to Hisar (IA) single circuit line and the 400 kV Raichur to Veltoor (Mahabubnagar) line with high-tension low-sag (HTLS) conductors.  This project involves reconductoring the transmission line and upgrading the 400 kV bays at Raichur and Mahabubnagar to fully utilize…

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Sterlite Power secures Rs 12 billion in new orders in Q2FY25

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Sterlite Power announced new orders worth Rs 12 billion across its Global Products and Services (GPS) business in Q2FY25, bringing cumulative orders to Rs 27 billion for H1FY25. The GPS division focuses on high-performance, sustainable products and specialized EPC services. This quarter’s highlights included India’s first order for a 144-fiber count Optical Ground Wire (OPGW) cable from a state utility. In Q2FY25, Sterlite Power’s key order segments included: High-Performance Conductors & OPGW: New orders worth…

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Four developers shortlisted for Rajasthan HVDC-based ISTS scheme re-tender

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Four developers, Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, Adani Energy Solutions Ltd (AESL), and India Grid Trust (IndiGrid), have been shortlisted for the development of an interstate transmission system (ISTS) scheme in Rajasthan.  The scheme, “Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part I,” involves high-voltage direct current (HVDC) infrastructure and was re-tendered in August following the annulment of the original bidding process. Housed under…