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Business Standard
21-05-2025
- Business
- Business Standard
Sterlite Electric bags Rs 7,500 crore orders in FY25, led by Q4 surge
Sterlite Electric on Wednesday said it secured orders worth Rs 7,500 crore in FY25, driven by robust Rs 2,400 crore contracts in March quarter. The order book spans high-performance conductors, power cables, Optical Ground Wire (OPGW), and specialized EPC services, with a particular focus on advancing India's green energy transmission infrastructure, a company statement said. The company also continues to expand its footprint, particularly in the Americas, European Union, Africa, and the Middle East, with high-performance conductors and OPGW solutions. "Our strong Q4 performance, with record order wins, reflects the growing demand for our innovative and sustainable transmission solutions. The significant traction from both domestic and international markets, along with our growing export presence, reinforces our position as a trusted partner for utilities and industries worldwide," CEO Reshu Madan said. In Q4, the company received several prestigious orders. Major wins include orders for TBCB (tariff based competitive bidding) projects and supply of high-performance conductors through EPC. These are critical for enabling the evacuation of renewable power to the grid. OPGW segment witnessed enormous traction from PGCIL and state transmission utilities with repeat orders. Export momentum in conductors continued across key markets in the Americas, EU, Africa and the Middle East. OPGW segment also made inroads in Europe and the Middle East. Gurugram-based Sterlite Electric (formerly known as Sterlite Power Transmission) is a global leader in the cable conductor industry, specializing in the design, manufacture, and supply of high-performance power conductors, extra-high voltage (EHV). With a strong presence in over 70 countries, Sterlite is renowned for empowering critical power infrastructure development worldwide. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
21-05-2025
- Business
- Time of India
Sterlite Electric bags ₹2,400 cr in Q4 orders; FY'25 total reaches ₹7,500 cr
New Delhi: Sterlite Electric Ltd (formerly Sterlite Power Transmission Limited) secured orders worth ₹2,400 crore in the fourth quarter of FY 2024–25, taking its total order book for the financial year to ₹7,500 crore, the company said on Wednesday. The order wins include high-performance conductors, power cables , Optical Ground Wire (OPGW), and specialised engineering, procurement, and construction (EPC) services. The company has also expanded its export reach across the Americas, European Union, Africa, and the Middle East. '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. The significant traction from both domestic and international markets , along with our growing export presence, reinforces our position as a trusted partner for utilities and industries worldwide. We remain committed to delivering high-quality, future-ready products and services that drive the global energy transition ,' said Reshu Madan, CEO, Sterlite Electric Ltd. In the high-performance conductors and OPGW segment, the company received major orders for TBCB projects and EPC-based conductor supply. The OPGW segment received repeat orders from Power Grid Corporation of India Ltd (PGCIL) and several state transmission utilities for 96F and 144F cables. Export orders for conductors continued across key international markets. OPGW demand was reported from customers in Europe and the Middle East. In the power cables segment, Sterlite Electric secured orders across the medium voltage (MV), high voltage (HV), and extra-high voltage (EHV) categories. Domestic customers included state utilities, private discoms, metro rail systems, and power generators. The company also won its first international 132 kV smart cable order from a renewable firm in South-East Asia, along with repeat orders from power utilities in Asia and Africa. It also secured its largest order for a 220 kV smart cable solution from India's largest private sector distribution utility. In specialised EPC services, the company secured projects involving uprating and reconductoring of existing transmission assets using advanced ACCC technology to enhance grid capacity and stability.
The Hindu
15-05-2025
- Business
- The Hindu
Alappuzha sees surge in KFON connections
The Kerala Fibre Optic Network Ltd (KFON), State government's broadband Internet service, is witnessing an increase in connections in Alappuzha. In a statement issued here on Thursday, KFON said the promise of high-speed internet at affordable rates was drawing more people to the service. So far, 3,488 KFON connections have been provided in Alappuzha district. 'The project has laid 1,678.82 kms of cable in the district to date. This includes 155.47 kms of OPGW (Optical Ground Wire) cables laid through KSEB transmission towers and 1,523.352 kms of ADSS (All-dielectric self-supporting) cables laid along KSEB posts. Currently, 1,181 government offices in the district, including the Collectorate, are utilising the KFON network,' the statement reads. A total of 369 Below the Poverty Line (BPL) households in the district have been provided with KFON connections. Besides, 1,938 commercial connections have been established in the district through local operators. Twelve SME connections have also been provided in the district. Currently, 115 local network operators are collaborating with KFON in Alappuzha. New domestic connections can be registered through the 'Ente KFON' mobile app or the KFON website ( Registration can also be done by calling the toll-free number 18005704466.
Time of India
15-05-2025
- Business
- Time of India
Advait Energy secures ₹86.14 cr order from PGCIL for OPGW supply, installation
New Delhi: Advait Energy Transitions Limited (formerly known as Advait Infratech Limited) has been awarded a contract worth ₹86.14 crore (excluding taxes) by Power Grid Corporation of India Limited ( PGCIL ) for the supply and installation of Optical Ground Wire (OPGW) and communication equipment across transmission lines at pan-India locations. The company said the order was accepted on May 14, 2025, in the normal course of business. The project falls under the Bulk Implementation (Supply + Erection) framework. The scope of the order includes Package OPGW-04 and is to be completed within 12 months from the date of issuance of lot-wise implementation instructions. According to the company, the project marks a strategic milestone and further strengthens its footprint in India's national power transmission network through the deployment of advanced communication infrastructure.
