Secures ₹72.76 crore HTLS reconductoring order from POWERGRID

Secured contracts aggregating to ₹72.76 crore from POWERGRID.

Mon 5 Oct 2026

Contract Value

₹72.76 crore

Contract Counterparty

POWERGRID (Power Grid Corporation of India Limited)

Scope

HTLS conductor supply + reconductoring of two existing 132 kV lines (NERES-XXIV)

Corridor Length

About 164 circuit-km of existing corridors

Completion Timeline

Within 12 months from Notification of Award

What the company announced

• Secured contracts aggregating to ₹72.76 crore from Power Grid Corporation of India Limited (POWERGRID)
• Scope covers both the supply of High Temperature Low Sag (HTLS) conductors and the reconductoring of two existing 132 kV transmission lines under the North Eastern Region Expansion Scheme-XXIV (NERES-XXIV)
• The project covers approximately 164 circuit-km of existing transmission corridors
• Completion is to be within 12 months from the Notification of Award

Why the company calls this a first

• The award is described as the company's first commercial order for the supply of HTLS conductors, marking the transition of its HTLS technology from product development and qualification to commercial execution
• Through a licensing arrangement with TS Conductor, USA, the company has access to an advanced conductor platform
• The company notes that participation in this specialised segment involves significant product-testing, utility qualification and execution requirements
• The mandate is integrated, covering both conductor supply and reconductoring services, and brings together capabilities across engineering, manufacturing, supply, installation and commissioning

What the management said

Mr. Deepak Goel, Chairman and Managing Director, described the order as a watershed moment in the company's journey that translates nearly 18 months of focused work across product development, testing, qualification and execution readiness into its first commercial HTLS conductor order. He said it gives an entry into a specialised segment of transmission infrastructure where technology access is only the starting point, and that product qualification, utility acceptance and execution capability are equally critical.

On the technology, he said the HTLS platform has been designed to address several practical requirements of transmission modernisation: it can support higher power transfer through existing corridors while managing thermal sag, and has the potential to offer benefits in conductor efficiency, transmission losses and installation. He added that successful execution would strengthen the company's ability to participate in future HTLS and reconductoring opportunities.

He linked the order to the company's broader strategy, noting that together with its recent entry into underground EHV EPC through the CESC project, it reflects a strategy of building capabilities across advanced transmission technologies and an evolution from a transmission-products manufacturer into an integrated technology and EPC partner.

About the company

Laser Power & Infra Limited is described in the release as an integrated power infrastructure company with over three decades of experience in manufacturing cables, conductors and allied products, and in executing EPC projects across power transmission, distribution, renewable energy and infrastructure sectors in India and international markets.

Cautionary note

The release states that it may contain forward-looking statements, that any such statement applies only on the date of the release, and that by their nature these are subject to known and unknown risks and uncertainties, so actual results and performance may differ substantially.

Key takeaways for a retail reader

• The order value disclosed is ₹72.76 crore, with execution spread over 12 months from the Notification of Award
• The order is the company's first commercial HTLS conductor order and combines conductor supply with reconductoring work
• The corridor involved is approximately 164 circuit-km of two existing 132 kV transmission lines under NERES-XXIV

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