Sterlite Power receives transmission project orders at ₹ 1,400 crores.

Sterlite Power receives transmission project orders at ₹ 1,400 crores.
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Financial Analyst Intern
Publish Date16 July 2023
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These new orders, which were won across domestic and international markets, have strengthened the company's total order book for the business unit to Rs 5,200 crore for the entire 2022-23.

  • As part of the wider Eastern Region Expansion Scheme—XXIX, the business has obtained a significant order from Powergrid to upgrade/upgrade its 400 kV Jharsuguda/Sunclargarh—Rourkela line and implement its reconductoring solution.
  • Additionally, the business would construct 220 kV double circuit transmission lines for Serentica Renewables, the Group's subsidiary that deals with renewable energy. It will construct the transmission lines necessary for the national grid to receive renewable energy from the future solar and wind farms in Rajasthan and Karnataka.
  • Customers in the SAARC area have placed significant orders with Sterlite for conductors and optical ground wire (OPGW) in the product manufacturing industry. The orders are from Transrail and include repeat business from the USA and the LATAM region as well as the Power Grid Corporation of Bangladesh's river crossing project.

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MiQB, Plot 23, Sector 18 Maruti, Industrial Development Area, near Motherson Sumi Systems Limited, Gurugram, Haryana 122015

Mutual Fund License No.

ARN-164419

IRDA Code (1):

ABLIC1003123454

Startup India Certificate No.

DIPP93786

IRDA Code (2):

ABLIC1003131639

Licensed By

indiaAMFIMFUstartupIndia

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