Sterlite Optical bags Rs 180 cr order

Sterlite Optical bags Rs 180 cr order
Comment E-mail Print Share
First Published: Wed, Mar 28 2007. 03 04 PM IST
PTI
Mumbai: Sterlite Optical Technologies has secured an order worth Rs 180 crores to manufacture and supply power transmission conductors for India’s first 500 kV HVDC line by Power Grid Corporation of India (PGCIL).
These conductors would be installed in the +/-500 kV HVDC Ballia - Bhiwadi Transmission Line and deliveries are scheduled over the next 21 months.
“We are honoured to partner with PGCIL for its landmark project in India. With over a decade’s experience with varying requirements of customers in global markets in the power sector, Sterlite is positioned to be a significant contributor to India’s vision of Power for All by Year 2012,” Sterlite Optical Technologies Director Pravin Agarwal said.
Government of India’s Transmission Perspective Plan focuses on the creation of a ‘National Grid´ in a phased manner by adding over 60,000 km of Transmission Network by 2012.
Such an integrated grid would evacuate additional 1,00,000 MW by the year 2012 and carry 60% of the power generated in the country.
Sterlite currently supplies about 23% of India’s total demand for power transmission and distribution conductors.
Comment E-mail Print Share
First Published: Wed, Mar 28 2007. 03 04 PM IST
More Topics: Corporate News | Sector Spotlight |