Transformers and Rectifiers secures ₹1,000 crore order from Power Grid
pre-market1 source ↓written by the desknot a recommendation
- order from Power
- ₹1,000 crore
- supplying transformers
- 30 months
Transformers and Rectifiers India Ltd. secured a ₹1,000 crore order from Power Grid Corporation of India Ltd., enhancing its revenue visibility. The contract involves manufacturing and supplying transformers over 30 months, contributing significantly to the company's order book and execution pipeline through FY27 and beyond. This order underscores the growing investments in India's electricity transmission sector. ⚡
Not investment advice. For informational purposes only.