Sterlite Power bags Rs. 1,500 Cr new orders in Q1 of FY 25
Sterlite Power has bagged orders worth Rs. 1,500 crores across its Global Products and Services (GPS) business that caters to high performance, green products and specialized Engineering, Procurement and Construction (EPC) services. “The new set of orders, won across the domestic and international market in Q1 FY25, builds on the total order book of over Rs 6,560 crores at the start of this financial year,” the company said.
Sterlite Power secured major orders in Q1 for supply of conductors, especially for Tariff Based Competitive Bidding (TBCB) transmission projects, thereby maintaining our market leadership in India and being the supplier of choice. The business has also secured orders from new export markets, thereby strengthening our export focus.
The company has secured major orders worth Rs. 250 crores for supply of Medium Voltage (MV) cables under the Government of India’s disaster management scheme, aimed at ensuring uninterrupted power supply in disaster-prone areas.
Sterlite Power’s specialised EPC services business has secured an order to uprate two vital 66kV lines for Gujarat Energy Transmission Corporation Limited (GETCO). This project, which will increase ampacity by through line reconductoring using high performance conductors.
Commenting on the new order wins, Reshu Madan, CEO, Global Products and Services, Sterlite Power said “The GPS business is witnessing remarkable expansion, reflecting the surge in the transmission sector and India’s robust economic outlook. These new orders, spanning various segments, reflect the materialising of our strategic business growth goals and the increasing demand for our products both domestically and internationally.”
