Order Details

  • New orders secured worth ₹412 crore in the company's core Transmission & Distribution (T&D) business
  • Orders primarily consist of transmission line reconductoring projects using HTLS (High Temperature Low Sag) conductors manufactured by the company
  • All orders received in the normal course of business
  • Projects are mainly in the domestic market

Order Book Position

  • Post these new orders, the total order intake for the year has grown to ₹2,021 crore
  • The company has additional L1 (lowest bidder) orders totaling ₹409 crore

Strategic and Operational Context

  • The reconductoring orders represent a new type of project for the company where high-performance carbon core HTLS conductors are used to increase the current carrying capacity of transmission lines
  • These orders are in addition to similar reconductoring orders declared by the company a few days prior to this announcement
  • The company manufactures the HTLS conductors in-house

Manufacturing Capacity

  • Enhanced manufacturing capacities currently stand at:
  • Tower manufacturing: 184,400 MTPA (Metric Tons Per Annum)
  • Conductor manufacturing: 40,800 KMPA (Kilo Meters Per Annum)

Management Commentary

Mr. Randeep Narang, MD & CEO, stated:

  • The order wins reinforce the company's position as an integrated T&D player
  • The orders help expand domestic footprint in transmission line reconductoring projects
  • The company is motivated by the Government's approval of Phase-III of the Green Energy Corridor
  • This government initiative will strengthen India's power infrastructure to support evacuation of 900 GW of non-fossil fuel-based generation
  • Industry tailwinds coupled with enhanced manufacturing capacities position the company well for continued growth and sustainable value creation