Transformers and Rectifiers Bags Massive Rs 726 Crore Order from Gujarat Energy Transmission Corp
- 18-Mar-2025 1:30 AM
- Journalist: Nicholas Seifield
Transformers and Rectifiers (India) Ltd. (TRIL) has announced a significant win, securing orders worth Rs 726 crore (approximately $86.6 millions) from Gujarat Energy Transmission Corporation (GETCO). The orders are for the supply of crucial electrical infrastructure, including auto transformers and bus reactors.
According to a regulatory filing released on Monday, the substantial contract is slated for completion within 18 months from the issuance of the Letter of Intent (LOI). This project will bolster Gujarat's power transmission network, contributing to its growing energy demands.
"Transformers and Rectifiers (India) Ltd has secured orders amounting to Rs 726 crore from Gujarat Energy Transmission Corporation Ltd," the company stated. The total order value includes Goods and Services Tax (GST).
The company clarified that this transaction falls under the normal course of business operations and does not involve any related party transactions. This ensures transparency and reinforces the company's commitment to ethical business practices.
This significant order win is expected to positively impact TRIL's revenue and strengthen its position in the power infrastructure sector. The supply of auto transformers and bus reactors is critical for efficient and reliable power transmission, highlighting the importance of this contract to Gujarat's energy sector.
Transformers and Rectifiers (India) Ltd. (TRIL) is a prominent manufacturer of transformers and other electrical equipment, catering to the power transmission and distribution sector. Established with a focus on quality and innovation, TRIL produces a wide range of transformers, including power, distribution, and specialty transformers, as well as reactors.
The company serves both domestic and international markets, supplying to utilities, industries, and institutions. With advanced manufacturing facilities and a commitment to technological advancement, TRIL aims to provide reliable and efficient solutions for power infrastructure needs. The company's focus on customer satisfaction and adherence to stringent quality standards has solidified its position as a key player in the electrical equipment industry.
GETCO is the state-owned electricity transmission company of Gujarat, India. It plays a pivotal role in the state's power sector, responsible for transmitting bulk power from generating stations to various substations across Gujarat. Established to ensure a reliable and efficient power supply, GETCO manages a vast network of high-voltage transmission lines and substations.
GETCO's infrastructure is crucial for supporting Gujarat's industrial growth and meeting the increasing electricity demands of its population. The company continuously invests in upgrading and expanding its transmission network to enhance grid stability and reduce transmission losses. It focuses on implementing advanced technologies and best practices to improve operational efficiency and ensure seamless power delivery.