Power transmission company Sterlite Power announced it has bagged orders worth Rs 1,600 crore from from Power Grid Corporation (PGCIL), Damodar Valley Corporation (DVC), and West Bengal State Electricity Transmission Company Limited (WBSETCL).
The orders are for installation and supply of high-performance conductors and reconductoring solutions for transmission projects. “Our integrated model provides us with a strategic advantage in delivering complex projects successfully while also diversifying our revenue base,” said Manish Agarwal, CEO – India Transmission Business, Sterlite Power.
In the Products segment, Sterlite Power has acquired strategic maiden orders of EHV cables for transmission utilities in Bihar, Madhya Pradesh, Maharashtra, and Karnataka and orders for overhead lines from large and reputed international customers in North America and CIS regions.
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 and north-east India, which will play a role in connecting power to the national grid.
Sterlite Power is a private sector transmission infrastructure developer and solutions provider with a portfolio of 28 projects covering 13,950 circuit Kms of transmission lines in India and Brazil.
