Sterlite Power has achieved a major milestone by securing orders totaling ₹2,250 crores, marking its largest win in the current financial year. These contracts span the company’s Global Products and Services (GPS) business, focusing on bolstering India’s green energy initiatives while simultaneously expanding its international market presence.
1.Strengthening India's Green Energy Grid
A significant portion of these orders involves the supply of advanced conductors and Optical Ground Wire (OPGW) for renewable energy transmission projects. These initiatives aim to integrate 42 GW of renewable energy into India’s national power grid, advancing the country's clean energy objectives. The company’s efforts will play a crucial role in building the infrastructure needed for a sustainable energy future.
2. Expanding Global Reach with Green Products
Sterlite Power is not only making strides domestically but also strengthening its international footprint. The company is exporting environmentally friendly products to prominent markets across the Americas, Europe, Africa, and the Middle East. This global expansion underlines its commitment to delivering innovative solutions for sustainable power transmission worldwide.
3. Growth Across Business Segments
The company has experienced significant growth across all its business verticals. Its power cable segment has received a boost, alongside orders for specialized Engineering, Procurement, and Construction (EPC) services. This diversified growth reinforces Sterlite Power's position as a comprehensive solutions provider in the power transmission sector.
4. Key Projects Driving Innovation
Notable achievements include the installation of OPGW spanning 1,900 km, and successful collaborations with major utilities like Power Grid Corporation of India Limited (PGCIL), Damodar Valley Corporation (DVC), and Gujarat Energy Transmission Corporation Limited (GETCO). These partnerships highlight Sterlite Power’s ability to deliver complex and large-scale transmission projects.
5. Leadership in Innovation and Sustainability
Sterlite Power continues to prioritize innovation and sustainability, ensuring that its solutions align with global energy transition goals. Its focus on developing cutting-edge technologies and fostering collaborations demonstrates its commitment to leading the power transmission industry towards a greener future.
6. Pioneering the Path to Sustainable Energy Solutions
With this record-breaking order book, Sterlite Power reaffirms its position as a leader in the transmission sector. The company’s ongoing efforts to drive innovation, strengthen global presence, and support green energy development emphasize its role in shaping a sustainable energy landscape worldwide.