Sterlite bags orders worth Rs.2.78 bn for power conductors

August 28th, 2008 - 2:49 pm ICT by IANS  

New Delhi, Aug 28 (IANS) Sterlite Technologies Ltd Thursday said it has bagged contracts worth Rs.278 crore (Rs.2.78 billion) from the Power Grid Corp of India Ltd, Jaypee Powergrid, Rajasthan’s state electricity board, and the Ethiopian Electric Power Corp.The contracts, which are for Sterlite’s moose and power conductors, would be supplied between September 2008 and December 2009, as per customers’ requirements, a company statement said.

Sterlite Technologies, a provider of wire and cable solutions for the power and telecom sectors, has a cumulative manufacturing capacity of 115,000 tonnes of power conductors, which it plans to enhance to 160,000 tonnes.

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