+
Sterlite Power Secures Rs 15 bn Orders in Q1, Expanding Global Reach
POWER & RENEWABLE ENERGY

Sterlite Power Secures Rs 15 bn Orders in Q1, Expanding Global Reach

Sterlite Power, a prominent player in the global power solutions sector, achieved significant success by securing orders worth Rs 15 billion in the first quarter of FY25 through its Global Products and Services (GPS) division. This latest acquisition of orders has bolstered the company?s already substantial order book, which was valued at over Rs 65.60 billion at the start of this fiscal year.

The company reported that these orders cover both domestic and international markets, signifying a major advancement in its business expansion and reflecting the dynamic activity in the transmission sector alongside a positive economic outlook in India. Reshu Madan, CEO of Global Products and Services at Sterlite Power, remarked that the new orders across various segments illustrate the realization of their strategic business growth goals and the increasing demand for their products on both domestic and international fronts.

A detailed analysis of the orders shows that demand for the company?s overhead products, such as high-performance conductors and Optical Ground Wire (OPGW), is strong, contributing significantly to growth in both domestic and international markets. The company secured pivotal orders for supplying these conductors, especially for Tariff Based Competitive Bidding (TBCB) transmission projects, thereby reinforcing its market leadership. Additionally, Sterlite Power?s power cable division made notable strides by securing major orders worth Rs 2.50 billion for Medium Voltage (MV) cables as part of the Government of India's disaster management initiative aimed at strengthening power infrastructure in disaster-prone areas.

Sterlite Power, a prominent player in the global power solutions sector, achieved significant success by securing orders worth Rs 15 billion in the first quarter of FY25 through its Global Products and Services (GPS) division. This latest acquisition of orders has bolstered the company?s already substantial order book, which was valued at over Rs 65.60 billion at the start of this fiscal year. The company reported that these orders cover both domestic and international markets, signifying a major advancement in its business expansion and reflecting the dynamic activity in the transmission sector alongside a positive economic outlook in India. Reshu Madan, CEO of Global Products and Services at Sterlite Power, remarked that the new orders across various segments illustrate the realization of their strategic business growth goals and the increasing demand for their products on both domestic and international fronts. A detailed analysis of the orders shows that demand for the company?s overhead products, such as high-performance conductors and Optical Ground Wire (OPGW), is strong, contributing significantly to growth in both domestic and international markets. The company secured pivotal orders for supplying these conductors, especially for Tariff Based Competitive Bidding (TBCB) transmission projects, thereby reinforcing its market leadership. Additionally, Sterlite Power?s power cable division made notable strides by securing major orders worth Rs 2.50 billion for Medium Voltage (MV) cables as part of the Government of India's disaster management initiative aimed at strengthening power infrastructure in disaster-prone areas.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code