Transformers and Rectifiers (India) Limited (TRIL) has announced a major achievement, securing a significant order worth ₹166.45 Crore. This deal marks a key milestone in the company’s growth, cementing its reputation as one of the leading manufacturers of transformers in India.
The order has been awarded by Hyosung T&D India Private Limited, a prominent domestic entity. TRIL will be responsible for the supply of Single Phase Coupling Transformers and related work for TBCB Projects. This contract is a step forward in TRIL’s journey, reinforcing its position as a key player in India’s transformer manufacturing sector.
Key Terms and Conditions
- Order Value: ₹166.45 Crore
- Nature of Work: Manufacturing of transformers and associated tasks
- Project Scope: Delivery of Single Phase Coupling Transformers for domestic use
- Execution Timeline: The transformers are scheduled for delivery by the next financial year
This contract is not part of any related party transactions, with TRIL clarifying that neither the promoter group nor group companies have any interest in Hyosung T&D India Private Limited, the entity awarding the contract. The order was awarded in the normal course of business and adheres to arm’s length principles.
