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Written by / Agency / Source: Sterlite Optical Technologies Ltd

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Sterlite’s Exports Order Book for Power Transmission Conductors Valued at US $62 Million - Deliveries scheduled over the next 6-8 months
Sterlite’s Exports Order Book for Power Transmission Conductors Valued at US $62 Million

 

NewswireToday - /newswire/ - Pune, Maharashtra, India, 2007/05/10 - Deliveries scheduled over the next 6-8 months.

   
 
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Sterlite Optical Technologies Ltd., India’s leading global provider of Power Transmission Conductors, Optical Fibers and Telecommunication Cables announced that the Company has an export order book for Power Transmission Conductors valued at approximately US$ 62 Million. Based on the delivery schedules required by its customers, the Company anticipates to complete deliveries within the next 6-8 months.

Sterlite Optical Technologies acquired the Power Transmission Business from Sterlite Industries (India) Ltd in July 2006. For the 9-month period in FY 2006-07, export revenues from Sterlite Optical Technologies’ Power Transmission Conductors business accounted for approximately US$ 35 Million.

The Company currently has about 3% global market share for Power Transmission Conductors and these have been sold in 38 countries across Africa, Middle East, Asia & Europe to reputed Turnkey, Utilities and Infrastructure companies such as SONELGAZ - Algeria, EEPCO - Ethiopia, PHCN – Nigeria and ESKOM- South Africa, to name a few.

About Sterlite Optical Technologies Ltd
Sterlite Optical Technologies Limited is India’s leading global provider of Power Transmission Conductors, Optical Fibers and Telecommunication Cables. It is India's only fully integrated Optical Fiber producer and one of the largest suppliers of Optical Fibers to overseas markets in China, Europe and South East Asia.

Deloitte has nominated Sterlite Optical Technologies as the 6th Fastest Growing Technology Company in India in 2006. The Company is among the winners of the 'Deloitte Technology Fast 50 India & Fast 500 Asia Pacific Awards’ for 2005 & 2006.

 
 
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Written by / Agency / Source: Sterlite Optical Technologies Ltd

 
 

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Sterlite’s Exports Order Book for Power Transmission Conductors Valued at US $62 Million

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Publisher Contact: Keith Dsilva - Sterlite.com 
+91 20 30514000 keith.dsilva[.]sterlite.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Sterlite Optical Technologies Ltd securities in any jurisdiction including any other companies listed or named in this release.

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