FINANCE

Sterlite Electric Secures ₹7,500 Crore in Orders for FY’25

Mumbai: Sterlite Electric Ltd, a leading global power products and solutions business, has announced a significant milestone in its order wins for FY’25. The company has secured ₹7,500 crore in total orders, driven by a robust Q4 performance of ₹2,400 crore. This achievement reflects Sterlite Electric’s leadership in building future-ready, sustainable power infrastructure, both in India and globally.

Key Highlights:

  • High-Performance Conductors & Optical Ground Wire (OPGW): Sterlite Electric received prestigious orders for TBCB projects and supply of high-performance conductors through EPC, critical for evacuating renewable power to the grid. The OPGW segment witnessed significant traction from PGCIL and state transmission utilities with repeat orders.
  • Power Cables: The company secured orders across MV, HV, and EHV segments from state utilities and key clients, including private Discoms, metro systems, and power generation companies. Notably, Sterlite Electric won its first project with a 132 kV smart cable solution for a renewable energy firm in South-East Asia.
  • Specialized EPC Services: Sterlite Electric’s EPC services business secured project wins for uprating and reconductoring projects using advanced ACCC technology, boosting power flow and grid stability.

Sterlite Electric continues to expand its export footprint, particularly in the Americas, European Union, Africa, and the Middle East, with high-performance conductors and OPGW solutions. CEO Reshu Madan emphasized the company’s commitment to delivering high-quality, future-ready products and services that drive the global energy transition.

“Our strong Q4 performance, with record order wins, reflects the growing demand for our innovative and sustainable transmission solutions. As the global energy landscape evolves, Sterlite Electric continues to lead the charge in integrating renewable energy into power grids,” said Reshu Madan, CEO, Sterlite Electric Ltd.

Leave a Reply

Your email address will not be published. Required fields are marked *