Sterlite Power Transmission Limited Annual Report 2022-23
Energy transition is a critical driver to combat climate change impact. India remains among the world’s largest producers and consumers of energy in the world. With the country accelerating towards Net Zero by 2070 and with an ambitious target of 500 GW of installed renewable energy by 2030, power transmission will be a key catalyst to connect renewable generation centres to the national grid.
Read MoreSterlite Power Transmission Limited (Sterlite Power) is a leading global developer of power transmission infrastructure with projects of 15,000 circuit km (ckm) and ~ 28,322 mega-volt ampere (MVA) in India and Brazil.
Each of our businesses serves our core purpose of ‘empowering humanity by addressing the toughest challenges of energy delivery’.
We bid, design, construct, own and operate power transmission assets across multiple geographies.
We specialise in upgrading, uprating and strengthening existing power delivery networks.
We aim to create a pan-India, efficient optical ground wire network to deliver high-speed data that runs over existing power transmission lines.
We have made a significant step toward accelerating India's transition to a greener and more resilient economy by successfully commissioning of the largest green energy corridor. This serves as evidence of our unwavering dedication to advancing India's sustainable future in the power sector.”
MR. PRAVIN AGARWAL Chairman
Read More
As India embarks upon a crucial phase of sustainable growth and development or what we call the “Amrit Kaal”, its energy demand is set to outpace its domestic supply. India is expected to be one of the largest contributor to global energy demand growth with a share of 30% till 2035.”
MR. PRATIK PRAVIN AGARWAL Managing Director
Read More
We have made a significant step toward accelerating India's transition to a greener and more resilient economy by successfully commissioning of the largest green energy corridor. This serves as evidence of our unwavering dedication to advancing India's sustainable future in the power sector.”
Read More
As India embarks upon a crucial phase of sustainable growth and development or what we call the “Amrit Kaal”, its energy demand is set to outpace its domestic supply. India is expected to be one of the largest contributor to global energy demand growth with a share of 30% till 2035.”
Read More
2006-2009
2010-2013
2014-2015
2016-2017
2018-2019
2020-2021
2022-23
We have led the way in adopting state-of-the-art global best practices in a ‘legacy- driven’ power transmission sector. We are actively pursuing innovation opportunities with universities, start-ups, and third parties.
Sterlite Power is committed to delivering high quality projects and products through a first time-right approach. We have established quality as centre of excellence and drive assurance through engaged leadership and a risk-based process approach implementation of Quality Framework, Critical to Quality (CTQ), regular bootcamps and strategic partnership with our contractors and supplier.
Recognition, empowerment and enhancement of skills and knowledge
Provide purpose, direction and engagement operation’s built in ownership
To sustain current performance, measurement through Score Card and to create new opportunities
Facts, evidence and data analysis for decisionmaking iQSafe, Advance BI tools and RPA
Risk-based approach, Critical to Quality (CTQ) Compliance, Optimise performance
Evaluation, onboarding, periodic assessment with EPC and suppliers
Sterlite Power believes that “all injuries, occupational illnesses and incidents related to Quality, Health, Safety and Environment (QHSE) are preventable”. Sterlite Power has a vision of “Zero Accidents”, and we consistently strive to achieve high QHSE Standards considering them as non-negotiable and integral part of our all-business operations.
Read More
Global
The global economy is gradually
recovering from the blows of
COVID-19 and Russia’s war in
Ukraine. While the lowering food
and energy prices, improved supply
chain functioning and China’s
economic reopening provided the
necessary fillip to the economy,
risks are firmly to the downside with
increased inflation and uncertainty
from the recent financial sector
turmoil.
Power Transmission Company of the Year 2023
Pratik Agarwal awarded the CEO of the Year (non-renewables) in the ET Energy Leadership Awards 2022
Great Place to Work Certification of 2022
World Manufacturing Congress Award for “Best innovative Product of the Year” 2022
Aegis Graham Bell Award – in the category of "innovation in Telecom Infra" for its game changing innovation in building edge computing Containerized Data Centre (CDC) 2022
IDC Innovation Awards 2021 for Data Intelligence
Energy & Environment Foundation Global Sustainability Award 2021 – Gold Award
Asian Power Awards 2021 – in the category of “CSR Initiative of the Year” for Sterlite EdIndia Foundation
Bronze Winner in the IPMA project Excellence Award 2021 for the Mega-sized Project Category
‘Innovative/Product Services Awards’ at the Golden Peacock Awards 2021
‘HR Excellence Awards’ at the Golden Peacock Awards 2020
Construction Project of the Year 2019
