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Sterlite Power bags multiple orders worth Rs 3,800 crore

25 Jan 2023 , 08:28 PM

Sterlite Power, a leading power transmission developer and solutions provider has bagged multiple orders worth ~Rs3,800 crore.

According to the statement, the order win is across its ‘Solutions’ business unit in the domestic and international markets during the first three quarters FY’23, a growth of 90% when compared to same period of FY’22, the company said.

Further, the new order wins are for uprate of existing power transmission lines for 132 kV, 220 kV and 400kV of Power Grid Corporation of India (PGCIL) and state utilities like Meghalaya Power Transmission Corporation Limited (MePTCL), and West Bengal State Electricity Transmission Company Limited (WBSETCL). For Haryana Vidyut Prasaran Nigam Limited (HVPNL), the company will supply and install OPGW for fiberization of the state’s existing transmission network for 66 kV, 132 kV, 220 kV and 400kV. 

In Products business, the company has bagged prestigious orders for conductors and OPGW from large customers in India, Americas, SAARC, and MEA region. 

Orders include supplies for major green energy transmission projects in India and abroad. The company has also acquired strategic orders for the supply of Extra High Voltage (EHV) cables to state utilities like Maharashtra State Electricity Transmission Company Limited (MSETCL) and Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPNL). 

In addition to this, the company has also been marking its presence in Turnkey EHV Cable Projects including Substation at various Utilities i.e., UPPTCL, OPTL & MPPTCL.

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Related Tags

  • market
  • news
  • order win
  • Power Transmission
  • Sterlite Power
  • Sterlite Power shares
  • Sterlite Power stocks
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