Sterling Generators reflects strong order book of ~ INR 510 crore for FY 22-23
by Priya Jadhav
Order wins worth ~INR 185 crore only in the Data center segment.
Mumbai; 25
April 2023: Sterling Generators Private Limited (SGPL), a Sterling and
Wilson Group Company and one of India's leading genset players, today announced
that it has bagged orders of over ~INR 510 crore in the Financial Year ending
March 31st, 2023.
SGPL with its
new engine partner Moteurs Baudouin has been rapidly gaining ground in the
auxiliary power industry by securing multiple orders in the commercial segment.
Moreover, the company recently achieved a significant breakthrough by winning
three orders in the Data Centers segment from large customers, including one in
Malaysia and two in India. Data centres have become mission-critical for many
important businesses and support essential information management for large
institutions. Hence, reliable power backup becomes imperative to avoid data
loss during power outages. According to reports, the global data center
generator market is poised to grow at a CAGR between 4-5% by 2030, which makes
the market conducive to invest.
Commenting on
the strong performance, Mr. Sanjay Jadhav, CEO, Sterling Generators Private
Limited said, “Post our strategic tie up with Moteurs Baudouin, there
has been an uptick in the order book for Sterling Generators. This reflects the
superior product in hand in terms of technology compared to other players in
the industry. “
“Data centers
have emerged as a favoured infrastructure asset class as demand for data has
shot through the roof post the pandemic. Our product offers 100% up-time with
high reliability, wide range and superior features best suited for data
centers. With Asia’s
leading genset manufacturing plant and a robust distributor network, Sterling
Generators is ready to take up the mantle to globally deliver reliable 24*7
power backup solutions,” he further added.
About Sterling Generators Private Limited : Sterling Generators Private Limited was set up in 2005 as a single point DG power solution provider. It is one of the largest players in auxiliary power segment in 250 to 4000 KVA range. The manufacturing facility at Silvassa boasts of being Asia's largest genset integrator, at the same being a large-scale manufacture of power and control panels, motor control centers, APFC panels and provider of balance of plant equipment. The facility is ISO 9001, ISO 14001 and BS OHSAS certified by Germanischer Lloyd Gmbh, Germany. Sterling gensets are widely used in Realty, Infrastructure, Telecom, Construction, Retail Outlets, Commercial complexes, Hotels, Hospitals and Small and Medium enterprises.
Visit us – https://www.sterlinggenerators.com/
LinkedIn – https://www.linkedin.com/company/sterling-generators/
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