Sterlite Technologies Limited (formerly, Sterlite Optical Technologies Ltd), India’s only integrated optical fiber manufacturer and global provider of Power Transmission Conductors, Optical Fibers and Telecommunication Cables, today announced that its Power Transmission Conductors were successfully commissioned by PGCIL (Power Grid Corporation of India Limited) in the first 765 kV EHV (Extra High Voltage) Transmission Line to be charged in India.
PGCIL announce the charging of this transmission line at a press conference held on January 8, 2008 in New Delhi, India.
Sterlite was the sole manufacturer and supplier of over 4200 km of ACSR Bersimis Conductors that were installed in Circuit-I of the 351 km route of the Sipat-Seoni EHV Transmission Line that connects the Indian states of Chattisgarh & Madhya Pradesh.
The Sipat-Seoni Line would transmit 1500MVA power on a single circuit line. These 765 kV lines will be able to link generation projects at the pitheads with the consuming states across the country and in process, reduce transmission losses.
Says Mr Pravin Agarwal – Director, Sterlite Technologies Limited, “We are honored to partner with PGCIL for its landmark project in India. With over a decade of experience with the varying requirements of customers in global markets in the Power Sector, Sterlite is uniquely positioned to be a significant contributor to India’s vision of Power for All by Year 2012”
Sterlite is a significant contributor to the global power sector through indigenous manufacture of a complete range of power transmission conductors at Extra High Voltages (400kV - 800kV), High Voltages (66kV – 220kV) and power distribution conductors (11kV- 33kV).
Sterlite has a cumulative manufacturing capacity of 115,000 MT (Metric Tons), making it the largest manufacturer in India and amongst the Top 5 global manufacturers of Power Conductors. Sterlite currently has about 3% global market share for Power Transmission Conductors and these products have been sold in 38 countries across Africa, Middle East, Asia & Europe.
Sterlite currently supplies about 27% of India’s total demand for power transmission & distribution conductors. In H1 2007-08, the Company earned revenues or INR 6401.4 Million (US$ 160 Million) of which Sterlite's Power Transmission Business earned net revenues or INR 4079.3 Million (US$ 102 Million). Export sales for the Sterlite's Power Conductors accounted for about 28% of total revenues from sale of its Power Conductors.
About Sterlite Technologies Limited
Sterlite Technologies Limited (formerly, Sterlite Optical Technologies Ltd) is India’s leading global provider of Optical Fibers, Telecommunication Cables and Power Transmission Conductors. It is India's only fully integrated Optical Fiber producer and one of the largest suppliers of Optical Fibers to overseas markets in China, Europe and South East Asia.
Sterlite Technologies Limited is listed on the National Stock Exchange and Stock Exchanges at Mumbai and Kolkatta.
The Company has a world class Optical Fiber manufacturing plant located at Aurangabad, India and Telecom Cable & Power Transmission Conductor plants at Silvassa, Haridwar & Pune, India.