Trishakti Industries Ltd has secured a significant contract from Reliance Industries Ltd for the deployment of heavy lifting equipment at one of its major renewable energy projects. As part of the order, Trishakti will deploy advanced hydraulic truck-mounted cranes along with skilled manpower.
To meet the requirements of this contract, the company has committed a fresh capital expenditure of approximately ₹13.5 crore in a single tranche. This investment is directed toward acquiring new hydraulic cranes, demonstrating the company’s aggressive growth strategy in the infrastructure equipment rental business.
This new investment brings Trishakti’s total capex for FY26 so far to around ₹39 crore. The company highlighted that this order marks a major milestone in its growth journey and is expected to positively impact both revenues and profitability in the coming quarters.
The contract with Reliance Industries is scheduled for execution by August 10, 2025, and will run for an initial term of 12 months. The total contract value is expected to exceed ₹3.7 crore, inclusive of taxes. Importantly, Trishakti clarified that this is a domestic, non-related-party transaction and that no promoter group interest is involved.
This development reinforces Trishakti Industries’ positioning as a key player in the capital equipment services space, particularly in sectors aligned with India’s renewable energy and infrastructure growth.
