StockWatch
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Cables - Electricals
Deals10 Sept 2026, 11:46 am

Systematic Industries Wins ₹82.42 Cr OPGW Order from POWERGRID

AI Summary

Systematic Industries Limited has secured a significant order worth ₹82.42 crore from Power Grid Corporation of India Limited (POWERGRID) for the supply and installation of Optical Ground Wire (OPGW) for various transmission lines across India. This order, awarded through a competitive bidding process, marks a milestone for Systematic Industries as it expands its capabilities into new-age infrastructure solutions beyond its traditional wire business. OPGW, a specialized cable that protects power lines and facilitates high-speed communication, represents a growing intersection of power and communication infrastructure. The company views this as a key area for future growth and is committed to efficient project execution.

Key Highlights

  • Secured ₹82.42 crore order from POWERGRID for OPGW supply and installation.
  • Order expands company's capabilities into new-age infrastructure solutions.
  • OPGW business is a key area for future growth.
  • Strengthens execution capabilities in the OPGW segment.