Transformers and Rectifiers secures ₹1,000 crore order from Power Grid
after close1 source ↓written by the desknot a recommendation
- order from Power
- ₹1,000 crore
- for completion
- 30 months
Transformers and Rectifiers India Ltd. has secured a ₹1,000 crore order from Power Grid Corporation of India Ltd. for transformer supply, enhancing its revenue visibility amid rising investments in electricity transmission. The project, classified as an ultra-mega order, is set for completion over 30 months, significantly boosting the company's execution pipeline through FY27 and beyond.
This contract strengthens Transformers and Rectifiers' position as a key supplier in India's power sector, potentially impacting market sentiment positively.
Not investment advice. For informational purposes only.