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INDIA BUSINESS WORLD - FEBRUARY 1st - FEBRUARY 15th - 2008


STERLITE TECH BAGS $17.5-M CONTRACT FROM ETHIOPIAN FIRM

Global provider of optical fibres Sterlite Technologies has said that it has bagged a $17.5 million (about Rs 70 crore) contract from an Ethiopia-based power company to manufacture and supply power transmission conductors. Sterlite has received the contract from Ethiopian Electric Power Corporation (EEPCo) to manufacture and supply AAAC power transmission conductors, it said in a filing to the Bombay Stock Exchange. The deliveries of the conductors are scheduled to take place from April to September this year.

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