This takes the company s cumulative order wins in FY24 to Rs 7,000 crore, up 35 per cent year-on-year (YoY) over FY23, Sterlite Power said in a statement.
Sterlite Power: As a result of this move, SPTL will continue to retain its Global Products & Specialized EPC Services business, as well as the Convergence – Fiberco business.
Pratik Agrawal, Managing Director, SPTL, said in the statement, "The demerger will enable both entities to create independent capital structures, unlock value and attract investors suitable for the distinct growth profiles for each entity. We are confident that this will bring substantial value for our shareholders and help us in creating two world class business entities."
/PRNewswire/ The "Flexible AC Transmission (FACT) Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com s offering..
Dublin, Sept. 28, 2023 (GLOBE NEWSWIRE) The "Flexible AC Transmission (FACT) Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Flexible AC Transmission (FACT) Systems was valued at approximately US$1.2 billion in 2022 and is projected to reach around US$1.9 billion by 2030, growing at a CAGR of 5.8% during the forecast period from 2022 to 2030. FACT systems refer to technologies and equipment used in electrical power