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TARIL wins Rs 3.5 billion worth orders from Adani, Iraq and Australia
Industry News- Mar 03,25
The company confirmed that these contracts do not fall under related party transactions and align with its normal course of business.
Transformers and Rectifiers (India) Limited has secured domestic and export orders worth Rs 3.5 billion, reinforcing its position in the industry. The domestic order, valued at Rs 2.72 billion (inclusive of GST), has been awarded by the Adani Group for the supply of transformers and reactors, with delivery scheduled for the next financial year.
On the international front, the company received export orders worth Rs 780 million from Al Sabha Group in Iraq and Powerlink Queensland in Australia for the supply of transformers. These orders are expected to be fulfilled by the next financial year.
The company confirmed that these contracts do not fall under related party transactions and align with its normal course of business. Transformers and Rectifiers (India) continues to strengthen its market presence with high-quality products and services in the transformer manufacturing sector.
(bse)
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