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Sterlite Electric Secures ₹7,500 Cr in Orders for FY25, Driven by Strong Q4 Performance
Annual Order Achievement: Sterlite Electric secured orders totaling ₹7,500 crore in FY25, with a significant ₹2,400 crore acquired during the March quarter.
Product Portfolio: The orders encompass high-performance conductors, power cables, Optical Ground Wire (OPGW), and specialized EPC services, focusing on enhancing India's green energy transmission infrastructure.
Global Expansion: The company is expanding its presence in the Americas, European Union, Africa, and the Middle East, delivering high-performance conductors and OPGW solutions.
CEO's Statement: CEO Reshu Madan highlighted the strong Q4 performance as a reflection of growing demand for innovative and sustainable transmission solutions, reinforcing the company's position as a trusted partner globally.
Key Projects: In Q4, the company received several prestigious orders, including those for tariff-based competitive bidding (TBCB) projects and the supply of high-performance conductors through EPC.
Export Momentum: The company continues to experience strong export momentum in conductors across key markets in the Americas, EU, Africa, and the Middle East, with the OPGW segment making inroads in Europe and the Middle East.
Company Overview: 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 and extra-high voltage (EHV) solutions, with a presence in over 70 countries.
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