Transformers And Rectifiers Secures Order Worth Rs. 228.26 Crore from GETCO
Transformers And Rectifiers (India) Limited announced the receipt of a substantial order valued at Rs. 228.26 Crore. The contract was awarded by the Gujarat Energy Transmission Corporation Limited (GETCO) for the manufacturing of key electrical components.The contract details indicate that the order is for 6 Transformers and 2 Reactors, along with associated related work. The company stated that the transaction falls under the normal course of business and does not constitute a related party transaction.
The order is designated as being provided by a domestic entity, and the anticipated delivery timeline for the Transformers and Reactors is on or before August 2028.
The core details of the secured order are presented below:
| Detail | Description |
|---|---|
| Awarding Entity | Gujarat Energy Transmission Corporation Limited (GETCO) |
| Total Order Value | Rs. 228.26 Crore |
| Items Ordered | 6 Transformers and 2 Reactors |
| Nature of Work | Manufacturing of Transformers & Reactors and related work |
| Origin of Entity | Domestic |
| Delivery Timeline | On or before August 2028 |
Transformers And Rectifiers (India) Limited stated that it is committed to delivering high-quality products and services, reinforcing its status as a leading manufacturer of transformers in the country.
TARIL Stock Price Movement
TRANSFORMERS AND RECTIFIERS (INDIA) LIMITED shares are gaining ground, edging up to ₹311.05 as of 9:11 AM in the pre-open session, rising 1.65% in early trading. The stock sees continuous activity, posting a volume of 29,328 shares so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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