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  3. Sterlite Power Secures Record Orders, Eyes Global Expansion

Sterlite Power Secures Record Orders, Eyes Global Expansion

12 Feb 2025

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Key Takeaways

Rs 2,250 crore order wins and Rs 650 crore L1 positions reinforce Sterlite Power’s green energy transmission and global expansion.

Rs 2,250 crore order wins and Rs 650 crore L1 positions reinforce Sterlite Power’s green energy transmission and global expansion.

Sterlite Electric Unlisted Shares

Sterlite Electric

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Expert Analysis

Sterlite Power Secures ₹2,250 Cr Orders.

Expert Analysis:

  • Milestone Order Win: Sterlite Power secured Rs 2,250 crore in new orders through its Global Products and Services (GPS) business, strengthening India's green energy transmission and global expansion.

  • Record L1 Positions: Sterlite Power achieved Rs 650 crore in L1 positions, marking a record high for the current financial year.

  • Diverse Offerings: The GPS segment includes high-performance conductors, OPGW, power cables, and specialized EPC services, reinforcing its strong presence in power transmission.

  • Strong Market Interest: CEO Reshu Madan highlights significant domestic and global demand, reflecting a thriving transmission sector.

  • Reliability & Repeat Orders: Repeated orders for 144-fiber-count OPGW cable and key EPC contracts reinforce Sterlite Power’s reputation as a trusted industry leader.

Publisher:devdiscourse