Sterlite Power has secured multiple orders worth ~INR 1600 crores across its Solutions business in the domestic and international markets. The company has received orders from customers like Power Grid Corporation of India (PGCIL), Damodar Valley Corporation (DVC), and West Bengal State Electricity Transmission Company Limited (WBSETCL) in the MSI (Master System Integrator) segment. The orders are for the installation and supply of high-performance conductors and reconductoring solutions for transmission projects. In the Products segment, Sterlite Power has acquired strategic maiden orders of EHV cables for state transmission utilities in Bihar, Madhya Pradesh, Maharashtra, and Karnataka and orders for overhead lines from large and reputed international customers in North America and CIS regions.
As part of its Solutions business unit, the company manufactures and sells a diversified portfolio of products, covering high performance conductors, OPGW and EHV power cables, to international customers, including central and state electricity transmission companies, transmission developers and transmission engineering, procurement, and construction (EPC) contractors. Its MSI sub-unit is a provider of specialty contracting services, delivering bespoke solutions for the upgrade, uprate and fiberization of brownfield transmission infrastructure projects. It also offers underground EHV turnkey services including cable laying and substation development.
Commenting on the order wins, Manish Agarwal, CEO – India Transmission Business, Sterlite Power, said, “We are happy to win these new orders across our Solutions business which significantly adds to our robust orderbook. Our integrated model provides us with a strategic advantage in delivering complex projects successfully while also diversifying our revenue base.”
