Transformers and Rectifiers India Limited has announced the receipt of a significant order from Power Grid Corporation of India Limited (PGCIL). This development marks a major milestone for the company, reinforcing its position in the transformer manufacturing sector.
The company has been awarded an ultra mega order by PGCIL. This order involves the manufacturing of transformers of various ratings, along with associated work.
The project is classified as an ultra mega order, indicating a value of ₹1,000 crore and above. The order is to be executed within the next 30 months, adhering to the terms and conditions stipulated in the Notifications of Awards (NOAs).
The order has been awarded by a domestic entity, PGCIL, and is set to be completed within a 30-month timeframe. This aligns with the company's commitment to delivering high-quality products and services in the domestic market.
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The promoter, promoter group, or group companies of Transformers and Rectifiers India Limited do not have any interest in PGCIL. Additionally, the order does not fall within related party transactions, as it is part of the company's normal course of business.
The project is classified as an ultra mega order, with a value exceeding ₹1,000 crore. This classification underscores the scale and importance of the project for the company. Transformers and Rectifiers India Limited has established itself as a leading manufacturer of transformers in India, committed to maintaining high standards in its operations.
As of June 30, 2026, at 3:14 PM, Transformers and Rectifiers share price on NSE was trading at ₹349.05, up by 4.88% from the previous closing price.
Transformers and Rectifiers India Limited has secured an ultra mega order from PGCIL, valued at ₹1,000 crore and above. The order involves manufacturing transformers and is scheduled for completion within 30 months, reflecting the company's strong position in the industry.
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Published on: Jun 30, 2026, 4:03 PM IST
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