Transformers & Rectifiers (India) Ltd. (TARIL) has announced the receipt of an order valued at ₹1,000+ crore from Power Grid Corporation of India Limited (PGCIL) for the manufacturing and supply of power transformers across multiple ratings. The order has been awarded by PGCIL as part of its procurement requirements and will be executed in accordance with the terms and conditions specified in the purchase order.
Key Highlights
- Order value: ₹1,000+ crores
- Customer: Power Grid Corporation of India Limited (PGCIL)
- Scope: Manufacturing and supply of power transformers across multiple ratings
- Nature of order: Domestic
- Execution period: As specified in the purchase order and disclosed by the Company
- Supporting India’s Power Transmission Infrastructure
Power transformers play a critical role in the transmission of electricity by enabling efficient transfer of power across the grid. The supply of transformers across multiple ratings supports utilities in strengthening and expanding transmission infrastructure to meet evolving power demand.
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The order has been disclosed by the Company in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. As disclosed, the transaction does not fall under related-party transactions, and neither the promoter, promoter group nor group companies have any interest in the awarding entity.
Transformers & Rectifiers (India) Ltd. is among India’s leading manufacturers of power, distribution, furnace and rectifier transformers. The Company serves utilities, power generation companies, EPC contractors and industrial customers in India and international markets through a diversified portfolio of transformer solutions.
