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Transformers & Rectifiers India wins order worth Rs 68 crore

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Capital Market
Last Updated : Sep 03 2016 | 12:02 AM IST

Order book stands at Rs 860 crore

Transformers & Rectifiers India announced that the Company has been awarded the order for 13 No. of 765 kV Class Reactors amounting to Rs. 68 crore from Power Grid Corporation of India.

This is the first order for 765 kV reactors and with this order, the Company has order for the full range of transformers and reactors up to 765 kV Class. The order is likely to be executed within next one and half year. The said order falls under the normal course of business. The Company neither have any interest in the entity that awarded the order nor fall within related party transactions. With this order, the Company's Order book as on date stands around Rs. 860 crore.

The Company continuously thrives to deliver quality products and services and over a period of time has become a leading manufacturer of transformers in the Country.

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First Published: Sep 02 2016 | 12:29 PM IST

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