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Home»News»Business & Economy

Sterlite Power Rakes in Orders Worth INR 1,400 Crore in Q4 2023

Business & Economy 2 Mins Read
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Sterlite Power, a leading private sector power transmission infrastructure developer, announced on Tuesday that it has clinched new orders amounting to INR 1,400 crore during the quarter ending December 2023. These orders span both domestic and export markets and encompass a range of products, including high-performance power conductors, optical ground wire (OPGW), power cables, and more.

The company has also been awarded orders for specialized Engineering, Procurement, and Construction (EPC) services, along with turnkey EPC contracts for extra high voltage (EHV) and high-voltage (HV) cables within the Indian market. Sterlite Power noted that the equipment supplied under these orders would be utilized in diverse projects such as metro systems, data centers, and power projects.

“The order wins are indicative of the growing demand for our product offerings in India and export markets. With an increased focus on decarbonization, our range of high-performance conductors, HV and EHV cables, and specialized EPC services for cable transmission continue to make a significant impact on the energy transition journey,” remarked Manish Agarwal, CEO of Global Products & Services Business at Sterlite Power.

Sterlite Power has established itself as a key player in the power transmission sector, boasting a portfolio that includes 33 completed, sold, and under-construction power transmission projects. These projects collectively cover approximately 15,350 circuit kilometers of transmission lines, spanning across India and Brazil.

The company’s latest achievements reflect its sustained commitment to innovation and excellence in the realm of power transmission infrastructure, further contributing to the advancement of the energy sector and aligning with the evolving needs of the industry.

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