Sterlite Power has secured multiple orders worth Rs.1,600 crore across its Solutions business during the January-April period of 2022, in the domestic and international markets, the company said in a release.
The company has secured orders from customers like Power Grid Corporation of India, Damodar Valley Corporation, and West Bengal State Electricity Transmission Company Ltd in the MSI (Master System Integrator) segment. The orders are for the installation and supply of high-performance conductors and re-conductoring solutions for transmission projects.
Maiden EHV cable mandate
Sterlite Power has also acquired strategic maiden orders of EHV cables for state 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.
Integrated model
Commenting on the order wins, Manish Agarwal, CEO – India Transmission Business, Sterlite Power, said, “We are happy to win these new orders across our Solutions business which significantly adds to our robust order book. Our integrated model provides us with a strategic advantage in delivering complex projects successfully while also diversifying our revenue base.”
Also read: Sterlite Power Completes Rs.1,200-Crore Refinancing Of Khargone Project
Diversified portfolio
As part of its Solutions business unit, Sterlite Power manufactures and sells a diversified portfolio of products, covering high performance conductors, OPGW and EHV power cables, to international customers, including central and state electricity transmission companies, transmission developers and transmission EPC contractors.
Further, its MSI sub-unit is a provider of specialty contracting services, delivering bespoke solutions for the upgrade, uprate and fiberization of brownfield transmission infrastructure projects. In addition, the company also offers underground EHV turnkey services including cable laying and substation development.
Infrastructure business
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 as well as north-east India which will play a pivotal role in connecting clean and green power to the national grid.
The Kishtwar transmission project is based in Jammu & Kashmir and comprises a 400/132kV GIS substation at Kishtwar and 400kV Kishenpur – Dulhasti LILO (Line in Line out) transmission line. The Nangalbibra – Bongaigaon transmission project involves construction of around 300 ckm of transmission lines and a greenfield substation with 320 MVA transformation capacity across the north-eastern terrain of Assam and Meghalaya.
(Featured photograph is for representation only)
