Systematic Industries Bags Orders for its New Age Businesses from Power Grid Corporation of India Ltd. and Indian Railways
Systematic Industries Limited (SIL), a leading manufacturer of specialised steel wires, cables and optical fibre solutions, has secured orders for Optical Ground Wire (OPGW) and Optical Fibre Cables (OFC) from Power Grid Corporation of India Ltd. (PGCIL) and Indian Railways. The Company has secured an OPGW supply cum installation developmental order from Power Grid Corporation of India Ltd. (PGICL) amounting to INR 18.8 Mn. Additionally, Systematic has won OPGW supply order for towering accessories and earthing for 132kv transmission line amounting to INR 4.1 Mn towards a Hydro Power Project in Nepal. The Company has received its first purchase order from East Central Railway, awarded under a competitive tendering process, for the supply of 24-Fibre Armoured Optical Fibre Cable conforming to RDSO specifications. The total order value of this Railway contract is approximately INR 20.1 Mn.
Key Highlights
- Systematic Industries has secured an OPGW supply cum installation developmental order from Power Grid Corporation of India Ltd. (PGICL) amounting to INR 18.8 Mn.
- The Company has won OPGW supply order for towering accessories and earthing for 132kv transmission line amounting to INR 4.1 Mn towards a Hydro Power Project in Nepal.
- Systematic Industries has received its first purchase order from East Central Railway, awarded under a competitive tendering process, for the supply of 24-Fibre Armoured Optical Fibre Cable conforming to RDSO specifications.
- The total order value of the Railway contract is approximately INR 20.1 Mn.
- These orders mark Systematic Industries' entry into the EPC tendering business and Indian Railways, driven by significant infrastructure upgrades.