Sterlite Power bags order worth Rs 1,400 crore
A leading global developer of power transmission infrastructure Sterlite Power has secured multiple new orders worth Rs 1400 crores across its solutions business. The new orders across domestic and international markets have strengthened the company’s total order book for the business unit to INR 5200 crores for the entire FY ’23.
The firm has secured a major order from Powergrid to upgrade/uprate its 400 kV Jharsuguda/Sundargarh – Rourkela line, part of the larger Eastern Region Expansion Scheme – XXIX, to deploy its state-of-the-art reconductoring solution.
Sterlite would be building 220kV double circuit transmission lines for Serentica Renewables, the renewable energy arm of the Group. The product manufacturing unit of the company has bagged major orders for conductors and OPGW (Optical Ground Wire) from eminent customers in the SAARC region.
Orders include the prestigious Power Grid Corporation of Bangladesh’s river crossing project from Transrail as well as repeat orders from the USA and LATAM region. The firm also secured significant orders to supply conductors from notable domestic customers like Tata Power, L&T as well as international customers like Henan Pinggao. The company will be supplying Tata Power’s NRSS XXXVI project and L&T’s 400KV Wayanad-Kasargode transmission line.
OPGW (Optical ground wire) orders were received from L&T for its 765 kV Navasari–Padghe transmission corridor as well as MTCIL (Maharashtra Transmission Communication Infrastructure Ltd) for its 132kV, 220kV, and 400kV transmission lines. Sterlite would also execute critical orders for cabling work in India and overseas including supply of cables for Chennai Metro Phase II, Indore, and Bhopal Metro projects.
Also Read: Power Ministry To Invite Bids For Rs 1.5 Lakh Crore Transmission Projects Says Sterlite Power