26 August, 2011

Sterlite Technologies Limited announced that it has received two new contracts from Power Grid Corporation of India (PGCIL) for manufacture and supply of power conductors.

The first contract is for Sterlite power conductors, that would be used in the 765KV double circuit Champa-Raipur.

Pooling Station Transmission Line in the Indian State of Chattisgarh. This is one of India’s first 765KV double circuit transmission systems being developed by a public sector company, designed for high voltage power transmission.

The second contract is for Sterlite power conductors that would be used in the 400KV Kishnganj-Patna Line. This transmission system is intended to evacuate power from hydroelectric generation projects in Sikkim, to the Northern and Western regions of India. This project complements the Ministry of Power’s focus on green energy, generated from renewable natural resources.

These contracts valued at about Rs. 225 crores, are part of a total bank of new orders valued at about Rs. 450 crores that Sterlite has received since July 1, 2011.