Sterlite Power bags USD 47 mn order from GS S Korea

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HT Correspondent

Mumbai, May 17: Sterlite Power has received an order of USD 47 million from GS S Korea for 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 aluminium-conductor steel-reinforced cable (ACSR) cable of the same size and weight.

CEO, Solutions Business, Sterlite Power, Manish Agarwal 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.”

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