Sterlite Power Secures New Orders worth Rs 1,600 Cr from Domestic and International Markets

Power transmission developer and solutions provider Sterlite Power has secured multiple orders worth approx. Rs 1,600 crore across its Solutions business during the four months period between January and April 2022.

The company has secured orders both from the domestic and international markets from customers like Power Grid Corporation of India (PGCIL), Damodar Valley Corporation (DVC), and West Bengal State Electricity Transmission Company Ltd (WBSETCL) in the MSI (Master System Integrator) segment.

Further, the company has received orders for the installation and supply of high-performance conductors and reconductoring solutions for transmission projects. While in the products segment, it has acquired strategic maiden orders of EHV cables for state transmission utilities in the states of Bihar, Madhya Pradesh, Maharashtra, and Karnataka and orders for overhead lines from large and reputed international customers in North America and CIS regions.

Commenting on the orders win, Manish Agarwal, CEO – India Transmission Business, Sterlite Power, said, “We are happy to win these new orders across our Solutions business which significantly adds to our robust order book. Our integrated model provides us with a strategic advantage in delivering complex projects successfully while also diversifying our revenue base.”

The company’s Solutions business unit manufactures and sells a diversified portfolio of products, covering high-performance conductors, OPGW and EHV power cables, to international customers, including central and state electricity transmission companies, transmission developers and transmission engineering, procurement, and construction (EPC) contractors.

Besides, its MSI sub-unit has been providing specialty contracting services, delivering bespoke solutions for the upgrade, uprate and fiberization of brownfield transmission infrastructure projects.

Also, the company has been offering underground EHV turnkey services including cable laying and substation development.

Under its infrastructure business segment, where the company bids to develop transmission projects, it has recently won inter-state transmission system projects in J&K as well as north-east India which will play a pivotal role in connecting clean and green power to the national grid.

The Kishtwar transmission project is based in Jammu & Kashmir and comprises a 400/132kV GIS substation at Kishtwar and a 400 kV Kishenpur - Dulhasti LILO (Line in Line out) transmission line. The Nangalbibra – Bongaigaon transmission project involves the construction of ~300 ckt km of transmission lines and a greenfield substation with 320 MVA transformation capacity across the North-Eastern terrain of Assam and Meghalaya.