Sterlite Power has bagged orders worth ~INR 1,300 crores across its Global Products & amp; Services business that caters to high performance, green products and specialized Engineering, Procurement and Construction (EPC) services. The new set of orders, won across the domestic and international market in Q1 FY24, builds on the total orderbook of over INR 5,200 crores, that the business has garnered in the last financial year.
With an increasing focus on integrating renewable energy into the grid, the power sector in India is witnessing a surge in demand for high performance products and specialized EPC services. The Global Products business is leveraging the buoyancy in the sector by securing significant orders in both domestic and international markets.
In Q1, it has secured a substantial order to deliver high-performance conductors for Power Grid Corporation of India Ltd (PGCIL)’s Part E Green Energy Corridor Project in Rajasthan, that will aid renewable energy evacuation from the region.
