Sterlite Power Secures 1,400 Crores in Q3 FY’24 Orders, Focusing on Clean Energy Solutions and Global Expansion
Sterlite Power, a leading player in the energy sector, has maintained its robust performance with new orders worth approximately INR 1,400 crores for its Global Products and Services (GPS) business in the third quarter of FY’24. This achievement brings the cumulative order win for the first nine months of FY24 to a formidable INR 4,700 crores. The orders encompass high-performance power conductors, optical ground wire (OPGW), and power cables from both domestic and export markets. Additionally, the company has received orders for specialized EPC services and turnkey EPC for EHV-HV Cables in the domestic market.
The increasing demand for conductors, domestically and internationally, underscores the commitment of stakeholders towards achieving net-zero targets and transitioning to sustainable energy. During Q3, Sterlite Power secured orders to supply conductors and OPGW for prestigious renewable energy evacuation projects, including notable projects like Power Grid Corporation of India limited 765 kV D/c BHADLA III – SIKAR II D/C Line and 400 kV D/c Part A1 & A3, Phase III (20 GW) project from a private client in Rajasthan. Furthermore, the company is strengthening its global presence with large strategic orders from Latin America and Africa to bolster transmission networks.
https://solarquarter.com/2024/01/30/sterlite-power-secures-1400-crores-in-q3-fy24-orders-focusing-on-clean-energy-solutions-and-global-expansion
