+
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.

Next Story
Infrastructure Urban

GRM Overseas Reports Q1 FY26 Results; Strengthens Global & Domestic Presence

GRM Overseas has announced its unaudited financial results for the quarter ended 30 June 2025. The company reported a positive performance in terms of margins and profitability, despite topline pressures from global geopolitical challenges.Atul Garg, Managing Director, said:"We have maintained healthy margins and profitability while navigating short-term headwinds. Our focus remains on expanding our product portfolio, enhancing brand visibility, and deepening our distribution network. Internationally, we continue to hold a strong position in the Basmati rice export market, particularly in the ..

Next Story
Infrastructure Urban

Zuari Industries Posts Q1 FY26 Revenue Growth; PAT Turns Positive

Zuari Industries has announced its audited financial results for the quarter ended 30 June 2025.On a standalone basis, the company reported Revenue from Operations of Rs 2.10 billion and Operating EBITDA of Rs 220.4 million. Standalone Profit Before Tax (PBT), before exceptional items, stood at Rs 90 million.On a consolidated basis, Revenue rose 10.5 per cent year-on-year to Rs 2.67 billion, while Profit After Tax (PAT) stood at Rs 50 million compared to a loss of Rs 330.6 million in Q1 FY25.Segment HighlightsSugar, Power & Ethanol: Operations were impacted by an early mill closure due to ..

Next Story
Infrastructure Urban

Karnataka Bank Reports Q1 FY26 Net Profit of Rs 2.92 Bn

Karnataka Bank has announced a net profit of Rs 2.92 billion for the first quarter of FY26, compared to Rs 4 billion in Q1 FY25. The results were approved at the Board of Directors meeting held on 13 August 2025 at the Bank’s headquarters in Mangaluru.Asset Quality & Capital AdequacyGross NPA: 3.46 per cent, improved from 3.54 per cent in Q1 FY25.Net NPA: 1.44 per cent, down from 1.66 per cent in Q1 FY25.Capital Adequacy Ratio (CAR): 20.46 per cent, up from 17.64 per cent in Q1 FY25.Announcing the results, Raghavendra S Bhat, Managing Director & CEO, said:"The Bank has registered a m..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?