Latest news with #SterliteElectric
Time of India
12-08-2025
- Business
- Time of India
Sterlite Electric secures ₹1,500 crore in Q1 orders
Sterlite Electric , formerly known as Sterlite Power Transmission, on Tuesday said it has secured new orders worth ₹1,500 crore in the first quarter of financial year 2026, reports PTI. This strong start to the year is largely attributed to a surge in demand from green energy projects and a robust performance in international markets, it added. The company reported that the new orders reflects sustained demand for its advanced conductors, power cables, and Optical Ground Wire (OPGW) products. These products are being used in critical infrastructure segments, including high-performance conductors for green energy corridors, advanced medium and high-voltage power cables , medium voltage covered conductors, and OPGW for digital-ready grids. In addition to green energy projects, the company has also secured orders for reconductoring and upgrading existing transmission systems from key state utilities. The company's export momentum continues to grow, with new orders coming from a wide range of global markets , including LATAM, SAARC, North America, Europe, the Middle East, and Africa.
Time of India
29-07-2025
- Business
- Time of India
Why companies are using algorithms to spark dialogue on performance, not decide careers
Advt Advt By , ETHRWorld Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHRWorld industry right on your smartphone! Download the ETHRWorld App and get the Realtime updates and Save your favourite articles. A joint report by the International Labour Organisation (ILO) and the European Commission describes Algorithmic Management (AM) in today's workplaces as a double-edged to the report, while AM improves monitoring and provides measurable productivity metrics, it also fosters micromanagement , which can lead to a decline in overall job performance—particularly in emerging economies such as India and South report highlights how countries like China and Spain are prioritising fairness and transparency in revealing algorithmic patterns. Recently, the United States introduced the Algorithmic Accountability Act 2023 to regulate the use of personal data and automated intensive monitoring initially drives efficiency, reduces labour costs and offers clearer productivity benchmarks, the report warns that within six months, many organisations experience rising resignation rates and employee complaints of being treated in a 'robotic' challenges HR leaders to think not just about productivity, but also about the responsible design and governance of AM Gorur, Head - HR, Fujitsu India GDC, said no algorithmic outcome is directly applied at Fujitsu; every recommendation passes through a neutral panel that evaluates its impact holistically across employee experience, fairness and contextual relevance.'We believe in using data to make life better for our people, not to box them into one-dimensional outcomes. Strategic communication channels, ranging from dashboards to manager-led conversations, ensure employees understand both the intent and the implications of data-driven insights,' Gorur Pande, Group CHRO, Sterlite Electric , mentioned advanced analytical methods such as Regression Analysis to identify key competencies that shape leadership effectiveness alongside team performance. These insights support the company in designing sharper development journeys and succession further emphasised, 'Tools like Amber enrich our understanding with its AI-powered conversational interface that shares authentic employee sentiment and flags emerging issues, allowing our leaders to act proactively and empathetically.'Pande said that at Sterlite Electric, all AI-generated insights are reviewed within a 'human-in-the-loop' framework, supported by fairness audits and constant reviews.'Decisions on promotions, performance or scheduling always remain with our people leaders, backed by context and compassion. Finally, we have created both formal and informal mechanisms for employees to raise concerns or appeal decisions, which ensures that data becomes a tool for dialogue, not a final decision,' added Bhattacharyya, Chief Talent Officer, RPG Group , expressed a similar view. He said, 'RPG has consciously chosen not to use AI in performance evaluations or promotion decisions.''These are high-stakes, career-impacting calls that require context, judgement and a level of human discretion that AI simply doesn't offer today,' said Sterlite Electric, employees are clearly informed—not only about what data is collected and when, but also why.'We obtain explicit consent every time their data is used, and at any point, employees are empowered to manage their own profiles: they can view, update or delete their information, and no one can access anyone else's private data without permission,' said Fujitsu, employee data are collected to enhance wellbeing, improve personal experiences and promote fairness, said Gorur.'Importantly, we do not use data to micromanage but to identify opportunities that help employees grow and thrive. We complement this with digital ethics education so employees feel empowered, not monitored,' claims Gorur.
&w=3840&q=100)
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.
