Sterlite Power's GPS business surges with Rs 2,000 cr in Q2 FY '24 orders

  • Industry News
  • Jan 08,24
The company has successfully clinched major contracts for key projects, including the 765kV D/c BHADLA III - SIKAR II (Part - 1) for Power Grid Corporation of India Ltd and the supply of OPGW cables for the Part E transmission project in Rajasthan.
Sterlite Power's GPS business surges with Rs 2,000 cr in Q2 FY '24 orders

Sterlite Power has reported a significant upswing in its Global Products and Services (GPS) business, securing fresh orders totalling around Rs 2,000 crore during Q2 FY '24. This marks a noteworthy increase of Rs 700 crore in comparison to the preceding quarter.

For the first half of the fiscal year, Sterlite Power has amassed Rs 3,300 crore in orders, encompassing advanced, environmentally-friendly products such as conductors, OPGW, cables, and specialised Engineering, Procurement, and Construction (EPC) services. These orders hail from both domestic and international markets.

The company has successfully clinched major contracts for key projects, including the 765kV D/c BHADLA III - SIKAR II (Part - 1) for Power Grid Corporation of India Ltd and the supply of OPGW cables for the Part E transmission project in Rajasthan. These initiatives play a crucial role in supporting the evacuation of renewable energy in the western region of India. On the global front, Sterlite Power is expanding its footprint in the Americas, Africa, and the Middle East.

In the Power Cables segment, Sterlite Power will be providing 33kV cables for Phase 2 of the Ahmedabad Metro rail and Phase 1 of the Surat Metro rail projects. Additionally, the company has secured contracts to supply 132kV cables for the Sawai Mansingh Hospital Expansion Project in Jaipur and 33kV cables for energy-intensive data centers in Bengaluru.

Source: ET Energy World

Related Stories

Electrical & Electronics
Sterlite Power and GIC collaborate for power transmission platform in India

Sterlite Power and GIC collaborate for power transmission platform in India

The JV platform will be well-positioned to target the new opportunities emerging from the need for over USD 13.0 billion of CAPEX announced by the Government of India

Read more
Electrical & Electronics
Sterlite Power's GPS business surges with Rs 2,000 cr in Q2 FY '24 orders

Sterlite Power's GPS business surges with Rs 2,000 cr in Q2 FY '24 orders

The company has successfully clinched major contracts for key projects, including the 765kV D/c BHADLA III - SIKAR II (Part - 1) for Power Grid Corporation of India Ltd and the supply of OPGW cables..

Read more
Electrical & Electronics
Sterlite Power gets new orders worth Rs 2,000 cr in Q2 FY ’24

Sterlite Power gets new orders worth Rs 2,000 cr in Q2 FY ’24

Internationally as well, the company is strengthening its presence in the Americas, Africa, and the Middle East.

Read more

Related Products

Ms Painted Cable Trays

CABLES & WIRES

Rama Enterprises offers a wide range of MS painted cable trays.

Read more

Request a Quote

Nickel Wire Mesh

CABLES & WIRES

Raj Filters & Wiremesh Pvt Ltd offers a wide range of nickel wire mesh.

Read more

Request a Quote

Win Cab Screen Cables

CABLES & WIRES

Electro Cables Industries offers a wide range of win cab screen cables that are fire resistant, durable in service and have good flexibility.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back