Sterlite Power has announced new order wins worth ₹1,200 crores across its Global Products and Services (GPS) business for the second quarter of FY’25. This achievement brings its cumulative orders for the first half of FY’25 to ₹2,700 crores, solidifying the company’s position as a market leader in the power sector domestically and expanding its reach globally. Focused on high-performance, sustainable products and specialized Engineering, Procurement, and Construction (EPC) services, Sterlite Power’s GPS business is gaining momentum in both domestic and international markets.
The company’s success is reflected in key orders, including India’s first 144-fiber count Optical Ground Wire (OPGW) cable from a prominent state utility, marking a significant advancement in India’s transmission infrastructure. Reshu Madan, CEO of Global Products and Services at Sterlite Power, attributed the recent order wins to the company’s commitment to cutting-edge technologies and its dedication to customer-centric solutions. “Sterlite Power’s success is fuelled by our commitment to modern technologies and a strategic focus on customer-centric solutions. Our continued growth is anchored in delivering innovative products and responding to the global demand for high-quality, sustainable power transmission solutions,” he said. “Key wins, such as India’s first 144-fiber count OPGW cable order, exemplify our leadership and reinforce our goal of being amongst the top 10 wire and cable companies globally.”
A major contributor to the Q2 FY’25 orders wins has been the Overhead Conductor and OPGW segment, which is witnessing heightened demand across both domestic and export markets. In the domestic segment, Sterlite Power secured substantial orders for high-performance conductors intended for Green Energy Transmission projects, including notable assignments in the Angul-Paradeep, Yalwar, and Runija-Indore Transmission Lines. On the international front, orders for green, high-performance conductor products have come from regions such as the United States, the European Union, Africa, and the Middle East. The company also confirmed export orders for OPGW from Europe and Africa, with additional demand from the Power Grid Corporation of India and various state utilities, underlining the quality and innovation Sterlite brings to the sector.
Sterlite Power’s Power Cables division has also seen significant growth, contributing ₹380 crores in Q2 FY’25 with orders spanning Medium Voltage (MV), High Voltage (HV), and Extra High Voltage (EHV) cables. These orders, primarily from state utilities and public sector undertakings, highlight the division’s ongoing success in establishing Sterlite Power as a leader in the wire and cable market. The strong performance across various segments underscores the company’s sustained growth and market presence, supported by its commitment to innovative, high-quality solutions for the energy sector.
