January 9, 2008

Sterlite Power Conductors commissioned in India's 1st 765kV Power Transmission Line

Sterlite Technologies Ltd, on January 09, 2008 has announced that its Power Transmission Conductors were successfully commissioned by PGCIL (Power Grid Corporation of India Ltd) in the first 765 kV EHV (Extra High Voltage) Transmission Line to be charged in India. PGCIL announce the charging of this transmission line at a press conference held on January 08, 2008 in New Delhi, India.

The Company was the sole manufacturer and supplier of over 4200 km of ASCR Bersimis Conductors that were installed in Circuit-I of the 351 km route of the Sipat-Seonl EHV Transmission Line that connects the Indian states of Chattisgarh & Madhya Pradesh.

The Sipat-Seoni Line would transmit 1500MVA power on a single circuit line. These 765 kV lines will be able to link generation projects at the pitheads with the consuming states across the country and in process, reduce transmission losses.

Says Mr. Pravin Agarwal - Director of the Company, "We are honored to partner with PGCIL for its landmark project in India. With over a decade of experience with the varying requirements of customers in global markets in the Power Sector, Sterlite is uniquely positioned to be a significant contributor to India's vision of Power for All by year 2012."

The Company is a significant contributor to the global power sector through indigenous manufacture of a complete range of power transmission conductors at Extra High Voltages (400kV - 800kV) High Voltages (66kV - 220kV) and power distribution conductors (11kV- 33kV).

The Company has a cumulative manufacturing capacity of 115,000 MT (Metric Tons), making it the largest manufacturer in India and amongst the Top 5 global manufacturers of Power Conductors. The Company currently has about 3% global market share for Power Transmission Conductors and these products have been sold in 38 countries across Africa, Middle East, Asia & Europe.

The Company currently supplies about 27% of India's total demand for power transmission & distribution conductors. In H1 2007-08, the Company's export sales for its Power Conductors accounted for about 28% of total re from sale of its Power Conductors.

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