Sterlite Optical Technologies Ltd., India’s leading global provider of Power Transmission Conductors, Optical Fibers and Telecommunication Cables announced that the Company has an export order book for Power Transmission Conductors valued at approximately US$ 62 Million. Based on the delivery schedules required by its customers, the Company anticipates to complete deliveries within the next 6-8 months.

Sterlite Optical Technologies acquired the Power Transmission Business from Sterlite Industries (India) Ltd in July 2006. For the 9-month period in FY 2006-07, export revenues from Sterlite Optical Technologies’ Power Transmission Conductors business accounted for approximately US$ 35 Million.

The Company currently has about 3% global market share for Power Transmission Conductors and these have been sold in 38 countries across Africa, Middle East, Asia & Europe to reputed Turnkey, Utilities and Infrastructure companies such as SONELGAZ - Algeria, EEPCO - Ethiopia, PHCN – Nigeria and ESKOM- South Africa, to name a few.

Says Mr Pravin Agarwal – Director, Sterlite Optical Technologies Ltd, “In order to address the growing demand from our global customer base, in FY 2006-07 we decided to undertake a Greenfield expansion for manufacture of Power Transmission Conductors at Haridwar, Uttaranchal. The project is well underway and we anticipate commercial production by June 2007.”

Sterlite’s experience with the varying requirements of customers in global markets has ensured continuous improvement and customer orientation of the Company. Sterlite is a significant contributor to the global power sector with a complete range of power transmission conductors at Extra High Voltages (400kV - 800kV), High Voltages (66kV – 220kV) and power distribution conductors (11kV- 33kV). Sterlite currently supplies about 23% of India’s total demand for power transmission & distribution conductors.

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About Sterlite Optical Technologies Ltd

Sterlite Optical Technologies Limited is India’s leading global provider of Power Transmission Conductors, Optical Fibers and Telecommunication Cables. It is India's only fully integrated Optical Fiber producer and one of the largest suppliers of Optical Fibers to overseas markets in China, Europe and South East Asia.

Deloitte has nominated Sterlite Optical Technologies as the 6th Fastest Growing Technology Company in India in 2006. The Company is among the winners of the 'Deloitte Technology Fast 50 India & Fast 500 Asia Pacific Awards’ for 2005 & 2006.

Sterlite Optical Technologies is the only company to be awarded the 'Top Telecom Cables Company' in India, four times in the past five years, as per the annual V&D 100 Survey and is a winner of the ‘Amity Award for Corporate Excellence’ and ‘ELCINA Award for R&D’ in 2006.

Sterlite Optical Technologies is listed on the National Stock Exchange and Stock Exchanges at Mumbai and Kolkatta.

The Company has a world class Optical Fiber manufacturing plant located at Aurangabad, India and Telecom Cable & Power Transmission Conductor plants at Silvassa & Pune, India, and a new upcoming state-of-the art technology plant at Uttranchal for power transmission conductors.