Sterlite Power Secures New Orders Worth INR 2,250 Crores

Sterlite Power has won significant new orders worth INR 2,250 crores and secured L1 positions in orders worth 650 Cr in Q3 FY’25 marking its highest order book win in the current financial year.

February 12, 2025. By News Bureau

Sterlite Power has won significant new orders worth INR 2,250 crores and secured L1 positions in orders worth 650 Cr in Q3 FY’25 marking its highest order book win in the current financial year.

These orders are spread across Sterlite’s Global Products and Services (GPS) business, including high-performance conductors, Optical Ground Wire (OPGW), power cables, and specialized Engineering, Procurement, and Construction (EPC) services.

The orders are focused on advancing India’s green energy transmission infrastructure and expanding the company’s global footprint. The company continues to build its market presence by exporting high-performance green products to key international markets in the Americas, the European Union, Africa, and the Middle East.

Commenting on the continued success of the company’s business, Reshu Madan, CEO, Global Products and Services, said, “We are seeing immense traction from both domestic and international markets, indicating a promising future for the global transmission space. Our focus on pioneering technology and delivering high-quality products has been key to our success. The repeat orders for 144-fiber count OPGW cable and significant EPC contracts further position us as a trusted partner in the power transmission sector. We are committed to delivering sustainable solutions that support energy transition and infrastructure development worldwide.”

Sterlite Power has secured significant orders across its key business segments, reinforcing its strong presence in the energy sector. The Overhead Conductor business has received orders for high-performance conductors, including green energy transmission projects in Rajasthan, Gujarat, Haryana, and Maharashtra, helping connect 42 GW of renewable energy to the national grid.

Additionally, the company has secured OPGW orders from Power Grid Corporation of India and various state utilities. In the Power Cables business, Sterlite continues to expand its presence in Medium, High, and Extra High Voltage cables for projects with state utilities, positioning itself as a pioneer in the Wire and Cable market. Lastly, the Specialized EPC Services business has secured contracts from leading utilities, including a major order from PGCIL for OPGW installation over a 1900 km stretch, along with additional key contracts from DVC and GETCO, highlighting the company's ability to provide end-to-end transmission solutions.

These order win’s highlight Sterlite Power’s continued leadership in the transmission space, and the company remains committed to providing innovative, sustainable solutions that help drive the energy transition in India and across the globe.

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Business

Sterlite Power

Green energy transmission projects

Financings

Power Grid Corporation of India

Transmission infrastructure

Infrastructure development

Power transmission sector

Energy transition