Sterlite Electric to Unveil a New Facility in Vadodara, Plans to Introduce 400 kV HVDC & HVAC Cables

Sterlite Electric is expanding its portfolio with advanced cable and conductor solutions designed for critical infrastructure and energy needs. In an exclusive interaction with Wire & Cable India, Mr. Reshu Madan, CEO of Sterlite Electric, shared that the company is enhancing its capacity through both brownfield and greenfield projects, including a new state-of-the-art facility in Vadodara. This facility will produce HVDC and HVAC cables up to 400 kV. The company will also introduce smart cable solutions, along with Medium Voltage Covered Conductors (MVCC) to enable efficient, high-capacity transmission. In the OPGW segment, Sterlite Electric has advanced to 144-fiber configurations and is exploring even higher variants to support data-rich, intelligent grid operations. The company is also developing solar cables to drive the next wave of energy infrastructure development, both in India and in global markets.

Wire & Cable India: Sterlite Electric secured INR 7,500 crore in orders during FY 2025, including a record INR 2,400 crore in Q4. Could you elaborate on the primary drivers behind this remarkable surge and what it signals about current demand dynamics?

Reshu Madan: The impressive order intake of INR 7,500 crore in FY 2025, including a record-breaking INR 2,400 crore in Q4, represents a major milestone for Sterlite Electric and highlights the increasing demand for our cutting-edge, future-ready transmission products and solutions. This accomplishment stems from several strategic factors that showcase our strong market leadership and dedication to advancing next-generation power infrastructure.

A significant driver of this growth has been the rising demand for green energy transmission infrastructure, both domestically and internationally on account of focus on renewable energy integration to the grid. Our high-performance conductors, power cables, OPGW and specialized EPC expertise are integral to facilitating renewable energy evacuation. These initiatives are critical in supporting India’s clean energy ambitions and strengthening grid resilience.

Simultaneously, our expanding global presence—with notable traction in the Americas, Europe, Africa, and the Middle East—demonstrates the broad appeal and relevance of our products worldwide. The steady growth in exports of our high-performance conductors, OPGW and cable solutions underscores the confidence utilities and energy players across the globe place in Sterlite Electric.

Our unwavering commitment to product innovation and operational excellence enables us to anticipate and meet evolving market demands. From deploying advanced 144-fiber OPGW and pioneering smart cable solutions to executing reconductoring projects using cutting-edge technologies, our offerings are designed to exceed expectations in performance, efficiency, and sustainability.

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WCI: Your order book spans high-performance conductors, power cables (MV/HV/EHV), OPGW, and EPC services. Which of these segments– conductors, cables, OPGW, EPC, has shown the most significant growth?

RM: Our order book encompasses a broad spectrum of products, including high-performance conductors, power cables across MV, HV, and EHV categories, Optical Ground Wire (OPGW), and specialized EPC services. Notably, the high-performance conductors and power cables segments have experienced the most substantial growth.

The demand for high-performance conductors continues to grow, supported by the rising need to efficiently evacuate renewable energy and enhance transmission capacity. These conductors are integral to several ongoing TBCB projects and EPC assignments across renewable energy-rich regions. Their superior ampacity and efficiency make them a preferred choice for grid modernization efforts. Additionally, the power cables segment is also witnessing robust growth supported by renewable energy integration, modernization and urbanization. Backed by strong demand from domestic and export markets, these segments are poised to lead our growth trajectory.

WCI: Export momentum continues across the Americas, EU, Africa, and the Middle East. Which international markets and product lines (e.g. conductors, smart cables) are driving global traction for Sterlite Electric?

RM: Sterlite Electric is on a global expansion journey with the aim of establishing a strong presence in high growth markets such as the Americas, Europe, Africa, APAC and the Middle East. These international markets are witnessing a strong demand for both conductors and power cables driven by robust megatrends like renewable energy integration, grid modernization and urbanization.

Our order book encompasses a broad spectrum of products, including high-performance conductors, power cables across MV, HV, and EHV categories and Optical Ground Wire (OPGW). Of these segments, the high-performance conductors and power cables are getting increasing traction on a global scale. As the energy landscape evolves, Sterlite Electric remains committed to delivering sustainable, future-ready transmission solutions, thereby setting itself up for increased global reach through wider product segments.

WCI: Could you please walk us through your production capacity and infrastructure setup?

RM: Our product portfolio includes a wide range of overhead conductors, OPGW, and power cables. We operate four manufacturing facilities: three located across Silvassa and Jharsuguda for overhead conductors and OPGW, and one in Haridwar dedicated to power cables. Our annual production capacity stands at 150,000 MT for overhead conductors, 25,000 km for OPGW, and 3,000 km (66 kV equivalent) for power cables.

Our manufacturing plants have been recognized for their sustainability initiatives, and our laboratories are NABL-accredited, ensuring high-quality standards. Looking ahead, a new greenfield facility—set to be commissioned in 2026—will expand our capabilities to manufacture HVDC and HVAC cables up to 400 kV. This strategic expansion positions us to capitalize on the growing opportunities in the power transmission sector.

WCI: How is Sterlite Electric aligning its product and capacity roadmap to tap into high-growth sectors?

RM: We have strategically designed our product and capacity roadmap to meet the evolving demands of rapidly growing sectors like renewable energy, urban infrastructure, and global grid modernization. This strategic approach enables us to capitalize on emerging opportunities while strengthening our reputation as a trusted partner in the transmission industry.

Our product portfolio is also evolving to address the specific requirements of the energy transition. We are launching HVAC and HVDC cables rated up to 400 kV, smart cable solutions featuring remote health monitoring, and Medium Voltage Covered Conductors (MVCC) to support efficient, high-capacity transmission. Additionally, we remain focused on producing pioneering products in the high-performance conductors segment. In the OPGW segment, we have advanced to 144-fiber configurations and are exploring even higher variants to enable data-rich, intelligent grid operations.

Our manufacturing footprint is expanding through both brownfield and greenfield projects, with our upcoming state-of-the-art facility in Vadodara being a prime example. These investments are crucial for boosting our operational capabilities and delivering high-quality, future-ready solutions at scale.

In summary, these strategic initiatives position us to lead the industry by delivering cutting-edge products and scalable manufacturing capabilities that meet the future needs of the energy sector.

WCI: What R&D efforts are underway at Sterlite to develop next-gen materials and product innovations for critical sectors?

RM: At Sterlite Electric, innovation is at the heart of our growth strategy, with R&D efforts dedicated to creating next-generation products that address the evolving demands of the power transmission sector. As the energy landscape moves towards greater efficiency and sustainability, we are expanding our product portfolio with advanced solutions tailored for critical infrastructure needs.

Our ongoing developments include a new range of HVDC and HVAC cables up to 400 kV, aimed at supporting high-capacity transmission networks, especially in urban and renewable-rich regions. In line with our commitment to smarter infrastructure, we are also working on smart cable solutions equipped with remote diagnostics and health monitoring capabilities—designed to enhance grid reliability and enable predictive maintenance. High performance conductors and Medium Voltage Covered Conductors (MVCC) are also among the pioneering products developed by Sterlite Electric. Additionally, we are working on development of solar cables and higher variants above 144-fibre in OPGW.

These product innovations build upon our long-standing tradition of providing high-performance, future-ready transmission solutions. With continuous R&D and ongoing investment in advanced technologies, Sterlite Electric is strategically equipped to drive the next wave of energy infrastructure development—both within India and internationally.

WCI: Which international markets are on Sterlite’s radar, and how do you plan to scale your global footprint in the next 3–5 years?

RM: Sterlite Electric’s global expansion strategy is focused on key high-growth markets including the Americas, European Union, Africa, APAC and the Middle East regions, witnessing a strong push towards grid modernization and renewable energy integration. These transitions demand advanced transmission solutions such as high-ampacity conductors, fibre-rich OPGW, and power cables areas where Sterlite Electric has already gained significant traction through recent export wins and repeat orders.

To cater to this rising global demand, we are expanding our capacity through both brownfield and greenfield expansions, including a new state-of-the-art facility in Vadodara. This will significantly enhance our ability to deliver high-quality products at scale and with improved speed-to-market, meeting the critical expectations of global utilities and infrastructure developers. We recognize that each international market presents distinct regulatory and operational complexities. Our region-specific, technology-led solutions are designed to meet global benchmarks while aligning with local requirements. By forging strong partnerships with utilities, EPC contractors, and renewable energy providers, we aim to strengthen our global presence and build lasting relationships.

As the global energy landscape transforms, Sterlite Electric is committed to providing sustainable, future-ready transmission solutions that drive the energy transition. With strategic investments, continuous innovation, and a customer-centric approach, we are poised to significantly scale our global footprint.

WCI: What are the current trends that you observe in the wire and cable industry?

RM: The Indian cables and wires industry is currently experiencing robust growth, with the market valued at USD 9 billion and projected to grow at a strong CAGR of 13%. Key growth drivers include infrastructure development, smart city initiatives, the acceleration of renewable energy installations, rapid urbanization, and increasing electrification in rural and semi-urban regions. Segments such as building wires, power cables, telecom cables, and winding wires for industrial motors and appliances are all witnessing strong double-digit growth rates.

Significant capacity expansions are underway, with the potential to increase domestic production nearly fourfold over the next decade, especially in high-demand segments like power cables, building wires, and renewable energy cables. Organized players have been steadily increasing capital investments to boost overall production capacity.

Healthy utilization rates indicate sustained demand and operational efficiency. Notably, major conglomerates like UltraTech and Adani have recently entered the market, signalling growing investor confidence. Overall, supply remains robust, supported by favourable government policies and a competitive environment, though challenges such as raw material price volatility and adherence to evolving quality and safety standards persist. The industry is also shifting toward eco-friendly, fire-resistant, and technologically advanced cables, driven by regulatory requirements and rising consumer expectations. Indian manufacturers are gaining competitiveness in specialized areas like extra-high voltage, solar, and fibre optic cables. Given the rising global power demand and supply constraints among leading wire and cable producers, there are significant opportunities for growth in power cables, subsea cables, and related segments.

In summary, the Indian cables and wires industry is on a promising trajectory, characterized by strong domestic demand, rapid manufacturing capacity expansion, and growing export potential. The sector is well-positioned to leverage both domestic infrastructure development and global supply chain realignments.

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WCI: Where do you see the company in the next 5 years, and the overall industry growth?

RM: Sterlite Electric is carving out a clear and focused roadmap for the future, driven by the ambition to rank among the world’s top 10 wire and cable players. Over the next five years, we plan to broaden our global footprint and reinforce our position as a leader in delivering advanced, sustainable transmission solutions tailored to the rapidly changing energy landscape. This vision is underpinned by strong market fundamentals. With India’s wire and cable sector expected to nearly double by 2032 fuelled by infrastructure expansion and renewable energy adoption, Sterlite Electric is strategically poised to harness this growth.

Our strategy centres around product innovation, capacity expansion, and global expansion. We are introducing next-generation technologies such as HVAC and HVDC cables up to 400 kV, smart cables with remote monitoring capabilities, and high-fibre OPGW solutions. These innovations are designed to meet emerging grid requirements while supporting the global shift toward cleaner and smarter energy systems.

To fuel this expansion, we are investing in brownfield and greenfield facilities including our upcoming plant in Vadodara—which will enhance manufacturing capacity and operational agility. These efforts, combined with our expanding export footprint across the Americas, Europe, Africa, and the Middle East, will enable us to deliver high-quality, future-ready transmission solutions at scale.