Sterlite Power has recently secured orders totaling Rs 1,500 crore for its Global Products and Services (GPS) division. These contracts, acquired in Q1 FY25 from both domestic and international markets, augment the company’s existing order book, which stood at over Rs 6,560 crore at the start of the current financial year.
Reshu Madan, CEO of Global Products and Services, highlighted that these new orders underscore the remarkable growth in the GPS sector, reflecting both India’s robust economic outlook and the expansion within the transmission industry. The diverse range of new orders indicates the success of the company’s strategic growth initiatives and the rising demand for its products globally.
Sterlite Power has reinforced its market leadership in India, emerging as the preferred supplier by securing significant contracts in Q1, especially for conductors related to Tariff Based Competitive Bidding (TBCB) transmission projects. The company has also received substantial orders from both domestic and international clients for Optical Ground Wire (OPGW) supplies.
Additionally, the company secured Rs 250 crore in orders for Medium Voltage (MV) cables under a government disaster management initiative aimed at ensuring reliable power supply in disaster-prone regions. Furthermore, Sterlite has been awarded a turnkey project for replacing outdated overhead power cable systems, which will enhance its support for industrial applications.
The company has also garnered several orders for MV, High Voltage (HV), and Extra High Voltage (EHV) cables. A notable achievement includes a significant order from GETCO to reinforce two key 66kV lines. This project, featuring HTLS reconductoring, will enhance the capacity of these lines by upgrading to higher performance conductors, marking a significant milestone for Sterlite Power in the western region.
Sterlite Power is a leading global enterprise specializing in power transmission and infrastructure solutions. With a robust portfolio that includes conductors, cables, and optical ground wires, the company delivers innovative solutions to enhance energy efficiency and reliability. Leveraging extensive experience and a strategic approach, Sterlite Power caters to diverse markets, driving growth in the transmission sector and reinforcing its leadership position in the industry.
