INDUSTRY OUTLOOK

1. Transmission Infrastructure – Strong Growth Momentum

• India's transmission sector is entering a high-investment phase, driven by the country’s energy transition, rising renewable integration, and expanding urban and industrial loads.
• Massive expansion planned: India is targeting ~500 GW of non-fossil fuel capacity by 2030, requiring over ₹2.5 lakh crore investment in transmission lines and substations.
• Interstate connectivity: Green Energy Corridor Phases I & II and dedicated Renewable Energy Zones (REZs) are driving long-haul transmission demand.
• Private participation rising: Companies like Sterlite Power, Adani Transmission, Power Grid Corp (PGCIL) are leading competitively bid projects (TBCB model).
• Shift to high-voltage technologies: HVDC and EHV systems are being deployed to reduce losses over long-distance transmission and interlink regional grids.

2. High-Tech Cables – Rising Demand from Utilities & Industry

• The high-tech cable segment—including EHV (Extra High Voltage), HV, MV, and specialty conductors—is growing rapidly due to demand from:
• Transmission and distribution (T&D) expansion
• Urban infrastructure projects
• Renewable energy evacuation
• Smart grids and underground cabling in cities
• Growth enablers include:
• Urban underground cabling and smart city projects
• Advanced conductors like HTLS (High-Temperature Low-Sag) and carbon-core variants
• Rising demand from railways, metro systems, and data centers
• Export orders from Africa, Latin America, and Southeast Asia
• India is also becoming a key manufacturing base for global cable demand.

Market Outlook (2025–2030)

• Transmission Infra CAGR: ~10–12%
• High-tech Cable CAGR: ~12–15%
• India plans to add over 50,000 ckm of new transmission lines and substations worth ₹80,000+ Cr by 2030.
• Adoption of smart grid tech, digital substations, and IoT-enabled asset monitoring will transform asset-heavy segments.

Summary

India’s transmission infrastructure and high-tech cable sectors are entering a robust, investment-led growth phase, aligned with energy security and clean power targets. Players with technological leadership, execution capability, and global market reach are well positioned to benefit. Integration of AI, smart monitoring, and sustainable conductors will be key to future competitiveness.

LATEST SHAREHOLDING PATTERN FOR STERLITE POWER TRANSMISSION LTD .