STERLING Power have received an order of US$ 47 million from GS S Korea for the supply of high-performance conductor (ACCC).
The ACCC will be used for a new 400kv transmission line across a route length of 169-km on a Power Grid Company of Bangladesh project. ACCC is also used for reconductoring on existing electric power transmission lines as it can carry twice as much current as a conventional aluminum-conductor steel-reinforced cable (ACSR) cable of the same size and weight.
Manish Agarwal, CEO, solutions business, Sterlite Power said, “This is the largest ever global order for High-Performance Conductor (ACCC) in this region and we are happy to partner with GS S Korea in the execution of this prestigious project. Significantly, we were the first player to pioneer this technology in India in 2011. Today, our order book for ACCC is full for the next 6 months and we further expect to double the volume by focussing on the SAARC and other countries.”
Sterlite Power is a leading global developer of power transmission infrastructure with projects of over 10,000 circuit kms and 15,000 MVA in India and Brazil. With an industry-leading portfolio of power conductors, EHV cables, and OPGW, Sterlite Power also offers solutions for upgrading, uprating and strengthening existing networks. The company has set new benchmarks in the industry by use of cutting-edge technologies and innovative financing. Sterlite Power is also the sponsor of IndiGrid, India’s first power sector Infrastructure Investment Trust (“InvIT”), listed on the BSE and NSE.