PRESS RELEASE SUMMARY
Contract Details
- Customer: Power Grid Corporation of India Limited (POWERGRID)
- Project: OPGW-06 OPGW Supply & Installation Package
- Geographical Coverage: Various transmission lines across India
- Order Value: ₹82.42 crore
- Award Process: Domestic competitive bidding process
- Scope: Supply, execution and erection of OPGW across various transmission lines
- Notification Date: August 24, 2026
- Signing Date: September 09, 2026
Technical Context
OPGW (Optical Ground Wire) is a specialized "2-in-1" cable used on high-voltage transmission towers that performs two critical functions simultaneously: protecting power transmission lines from lightning and electrical faults while carrying optical fibres for high-speed communication and data transmission.
Management Commentary
Mr. Siddharth Agarwal, Managing Director, stated that this order represents an important milestone as the company continues to expand capabilities beyond traditional wire business into new-age infrastructure solutions. The order provides further momentum to the OPGW business and strengthens execution capabilities in this segment. Management sees OPGW as an important area for the company's future growth, focusing on power transmission and digital connectivity.
Company Background
Systematic Industries Limited, founded in 2000, is a manufacturer of steel wires and specialized wire solutions serving sectors including Power & Transmission, Infrastructure, Automobile, Agriculture and Telecommunications. Products include steel wires, aluminium-clad steel wires, Optical Fibre Cables (OFC) and Optical Ground Wires (OPGW). The company employs 400+ professionals and focuses on customized solutions, continuous innovation, and expanding manufacturing and geographical footprint.