Sterlite Power Wins Rs13 Bn orders
POWER & RENEWABLE ENERGY

Sterlite Power Wins Rs13 Bn orders

Sterlite Power, a power transmission developer, has announced winning orders valued at Rs 13 billion in the first quarter of the fiscal year 2024. These orders encompass both domestic and international markets, adding to the company's existing order book of over Rs 52 billion from the previous fiscal year.

The rising emphasis on integrating renewable energy into India's grid has led to increased demand for high-quality products and specialised Engineering, Procurement, and Construction (EPC) services. Sterlite Power's Global Products division has capitalised on this trend by securing significant orders, both within India and abroad.

One noteworthy order includes the supply of high-performance conductors for the Power Grid Corporation of India Ltd (PGCIL) as part of the Green Energy Corridor Project in Rajasthan, aimed at enhancing renewable energy transmission in the region.

Additionally, Sterlite Power is expanding its presence in global regions such as the Americas, European Union, Africa, and the Middle East.

The company's power cables business has acquired strategic orders, including the delivery of Extra High Voltage (EHV) cables to a solar park in Rajasthan, multiple cable delivery projects for Uttar Pradesh Power Transmission Corporation Limited (UPPTCL), and projects for the Nepal Electricity Authority. Sterlite Power will also supply medium voltage (MV) cables for the expansion of the Indian Oil Corporation's Panipat refinery.

Sterlite Power's specialised EPC arm has secured turnkey orders from UPPTCL for the fiberisation of 3,400 km of Optical Ground Wire (OPGW) for its 220kV and 132kV lines. The company has also received an order from PGCIL to enhance the capacity of the 132kV North-Eastern Corridor.

Manish Agarwal, CEO of Global Products & Services, expressed confidence in the company's role in accelerating the global energy transition and expects a robust order booking for all its products in Q2.

Sterlite Power, a power transmission developer, has announced winning orders valued at Rs 13 billion in the first quarter of the fiscal year 2024. These orders encompass both domestic and international markets, adding to the company's existing order book of over Rs 52 billion from the previous fiscal year. The rising emphasis on integrating renewable energy into India's grid has led to increased demand for high-quality products and specialised Engineering, Procurement, and Construction (EPC) services. Sterlite Power's Global Products division has capitalised on this trend by securing significant orders, both within India and abroad. One noteworthy order includes the supply of high-performance conductors for the Power Grid Corporation of India Ltd (PGCIL) as part of the Green Energy Corridor Project in Rajasthan, aimed at enhancing renewable energy transmission in the region. Additionally, Sterlite Power is expanding its presence in global regions such as the Americas, European Union, Africa, and the Middle East. The company's power cables business has acquired strategic orders, including the delivery of Extra High Voltage (EHV) cables to a solar park in Rajasthan, multiple cable delivery projects for Uttar Pradesh Power Transmission Corporation Limited (UPPTCL), and projects for the Nepal Electricity Authority. Sterlite Power will also supply medium voltage (MV) cables for the expansion of the Indian Oil Corporation's Panipat refinery. Sterlite Power's specialised EPC arm has secured turnkey orders from UPPTCL for the fiberisation of 3,400 km of Optical Ground Wire (OPGW) for its 220kV and 132kV lines. The company has also received an order from PGCIL to enhance the capacity of the 132kV North-Eastern Corridor. Manish Agarwal, CEO of Global Products & Services, expressed confidence in the company's role in accelerating the global energy transition and expects a robust order booking for all its products in Q2.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code