Sterlite Technologies has received INR 2.96 Billion Contract from PGCIL

Thebullishtrends: Strelite Technologies shares are trading at Rs.203(+Rs.3.15). Sterlite Technologies Ltd has received three contracts valued at INR 2.96 Billion (approximately US$ 74 Million) from PGCIL (Power Grid Corporation of India) for supply of Power Transmission Conductors. With the receipt of these new contracts, the Company has opened FY-09 with a total order book of INR 10.2 Billion (~US$257 Million) for its telecom & power businesses.