Sterlite Power Wins Multiple Orders Worth INR 3800 Crores
Sterlite Power has bagged multiple orders worth ~INR 3,800 Crores 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.
January 23, 2023. By News Bureau
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.
Uprate and upgrade of existing transmission networks helps in maximizing power carrying capacities of existing transmission corridors, ensuring faster, economical, and sustainable means of solving energy delivery challenges.
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).
The company has also been marking its presence in Turnkey EHV Cable Projects including Substation at various Utilities i.e., UPPTCL, OPTL & MPPTCL.
Manish Agarwal, Director & CEO India Transmission Business, Sterlite Power, said, “We are delighted with the multiple order wins for our transmission uprate projects, high-performance conductors and EHV products that are positively impacting communities and businesses by enabling access to reliable, and high-quality electricity, worldwide. With power utilities facing increased pressure due to a rapidly growing population, increased demand and ageing infrastructure, there is an urgent need for uprates and upgrades. Our bespoke solutions are helping address the challenges of time, space, and capital by establishing capacity augmentation in an economic manner, within shortest possible time and with minimum disruption.”
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