Sterlite Power secures Rs 14 bn orders
POWER & RENEWABLE ENERGY

Sterlite Power secures Rs 14 bn orders

Sterlite Power announced that it successfully secured new orders totalling Rs 14 billion in the quarter ending December 2023. These orders, originating from both domestic and international markets, encompass a range of products, including high-performance power conductors, optical ground wire (OPGW), and power cables.

In addition to these, the company has also received orders for specialised Engineering, Procurement, and Construction (EPC) services, as well as turnkey EPC for extra high voltage (EHV) and high-voltage (HV) cables within the domestic market. Sterlite Power specified that the equipment supplied will contribute to various projects such as metro, data center, and power projects.

Sterlite Power's CEO for Global Products & Services business, Manish Agarwal, emphasised that these recent order victories reflect the increasing demand for their product offerings in both the Indian and export markets. He highlighted the significance of their high-performance conductors, HV and EHV cables, and specialised EPC services in contributing to the ongoing energy transition, particularly in the context of a heightened focus on decarbonisation.

As a prominent private sector power transmission infrastructure developer and Global Products and Services provider, Sterlite Power boasts a portfolio featuring 33 completed, sold, and under construction power transmission projects. This portfolio covers an extensive network of approximately 15,350 circuit kilometres of transmission lines, spanning both India and Brazil.

Sterlite Power announced that it successfully secured new orders totalling Rs 14 billion in the quarter ending December 2023. These orders, originating from both domestic and international markets, encompass a range of products, including high-performance power conductors, optical ground wire (OPGW), and power cables. In addition to these, the company has also received orders for specialised Engineering, Procurement, and Construction (EPC) services, as well as turnkey EPC for extra high voltage (EHV) and high-voltage (HV) cables within the domestic market. Sterlite Power specified that the equipment supplied will contribute to various projects such as metro, data center, and power projects. Sterlite Power's CEO for Global Products & Services business, Manish Agarwal, emphasised that these recent order victories reflect the increasing demand for their product offerings in both the Indian and export markets. He highlighted the significance of their high-performance conductors, HV and EHV cables, and specialised EPC services in contributing to the ongoing energy transition, particularly in the context of a heightened focus on decarbonisation. As a prominent private sector power transmission infrastructure developer and Global Products and Services provider, Sterlite Power boasts a portfolio featuring 33 completed, sold, and under construction power transmission projects. This portfolio covers an extensive network of approximately 15,350 circuit kilometres of transmission lines, spanning both India and Brazil.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement