Sterlite Tech bags contracts worth Rs 278 cr
Sterlite Technologies Ltd has won contracts from Power Grid Corporation of India, Jaypee Powergrid, Rajasthan Rajya Vidyut Prasaran Nigam, and Ethiopian Electric Power Corporation.
By ET Online |
MUMBAI: Sterlite Technologies Ltd has won contracts from Power Grid Corporation of India, Jaypee Powergrid, Rajasthan Rajya Vidyut Prasaran Nigam, and Ethiopian Electric Power Corporation.
The contracts, which are for Sterlite's ACSR Moose & AAAC power conductors, are worth a total of Rs 278 crore ($66 million). These power conductors would be supplied between September 2008 and December 2009.
The company currently has a cumulative manufacturing capacity of 115,000 MT, making it the largest manufacturer in India and amongst the Top 5 global manufacturers of power conductors.
Sterlite recently announced plans to further enhance its power conductors manufacturing capacity to 160,000 MT.
The contracts, which are for Sterlite's ACSR Moose & AAAC power conductors, are worth a total of Rs 278 crore ($66 million). These power conductors would be supplied between September 2008 and December 2009.
The company currently has a cumulative manufacturing capacity of 115,000 MT, making it the largest manufacturer in India and amongst the Top 5 global manufacturers of power conductors.
Sterlite recently announced plans to further enhance its power conductors manufacturing capacity to 160,000 MT.
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