Sterlite Power, a global leader in power transmission, has recently made significant strides in its business operations, securing orders worth Rs 2,250 crore and achieving L1 positions in additional orders worth Rs 650 crore during the third quarter of FY25. This achievement marks the highest order book win for the company in the current fiscal year.
The orders span across Sterlite’s Global Products and Services (GPS) division, covering a diverse range of offerings, including high-performance conductors, Optical Ground Wire (OPGW), power cables, and specialized Engineering, Procurement, and Construction (EPC) services.
Driving Green Energy Transmission Projects
Among the many high-profile projects secured, Sterlite Power’s Overhead Conductor business stands out with its focus on green energy transmission. The company has successfully landed contracts for high-performance conductors that will be used in green energy transmission projects across Rajasthan, Gujarat, Haryana, and Maharashtra. These vital projects are expected to contribute significantly to India’s renewable energy push, with an aim to connect 42 GW of renewable energy to the national grid.
In addition to these domestic efforts, Sterlite Power continues to solidify its position in the international market. The company has expanded its reach by exporting its high-performance green products to key international markets such as the Americas, the European Union, Africa, and the Middle East. This global expansion not only boosts Sterlite Power’s market presence but also contributes to sustainable energy transmission solutions worldwide.
Growth in Power Cables and EPC Services
Sterlite Power’s Power Cables business continues to make remarkable progress. The company is expanding its footprint in the medium voltage (MV), high voltage (HV), and extra-high voltage (EHV) cables sectors. These cables are crucial for transmission networks, and Sterlite’s involvement in several state utility projects highlights its growing dominance in the Wire and Cable market. The company’s cables are increasingly being sought for infrastructure projects that require reliable and efficient power distribution.
Further reinforcing Sterlite Power’s expertise in comprehensive transmission solutions, the company’s specialized EPC services division has secured multiple contracts, including a significant order from Power Grid Corporation of India (PGCIL) for OPGW installation over a 1900 km stretch. This contract solidifies Sterlite Power’s role as a trusted partner in the transmission sector, known for its capacity to deliver complex and large-scale projects.
A Focus on Sustainability and Global Growth
Reshu Madan, CEO of Global Products and Services at Sterlite Power, expressed the company’s optimism about the future, saying, “We are seeing immense traction from both domestic and international markets, indicating a promising future for the global transmission space. The repeat orders for 144-fiber count OPGW cable and significant EPC contracts further position us as a trusted partner in the power transmission sector. We are committed to delivering sustainable solutions that support energy transition and infrastructure development worldwide.”
As a forward-thinking company, Sterlite Power is making an impactful contribution to the global energy transition. With its innovative products and solutions, it continues to build its presence in the power transmission sector, aligning its growth with the world’s increasing demand for sustainable energy solutions.
Looking Ahead
Sterlite Power’s robust performance in Q3FY25 showcases its leadership in the global power transmission market. The company’s success in securing high-profile orders for green energy transmission and its continuous expansion in the cables and EPC services sectors place it in an ideal position to capitalize on the growing global demand for renewable energy infrastructure.
With a focus on sustainable development and innovation, Sterlite Power is set to continue leading the way in providing reliable and efficient transmission solutions that support the world’s energy transition.
In conclusion, as Sterlite Power continues to expand both domestically and internationally, it remains committed to delivering the highest quality products and services to its customers, fostering the growth of green energy, and driving the future of global transmission.
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