Transformers and Rectifiers (India) Limited (TARIL) has announced new order wins worth ₹350 crore, strengthening its position as a key player in the transformer manufacturing industry. The company disclosed these order details in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights of the Order Disclosures
1. Total Order Value: ₹350 Crore
TARIL has secured significant domestic and international orders for the supply of transformers and reactors.
2. Domestic Order: ₹272 Crore from Adani Group
- TARIL has received a major order from the Adani Group for supplying transformers and reactors.
- The total value of this order, including GST, is ₹272 crore.
- The delivery of transformers is expected to be completed by the next financial year.
3. Export Orders: ₹78 Crore from Iraq and Australia
- The company has received export orders totaling ₹78 crore from two major clients:
- Al Sabha Group, Iraq
- Powerlink Queensland, Australia
- These orders involve the supply of transformers, with delivery expected by the next financial year.
4. Nature of Orders
The secured orders are for the manufacturing and supply of transformers along with related work.
5. No Related Party Transactions
TARIL confirmed that these orders are part of its normal business operations and do not fall under related party transactions.
About TARIL
Transformers and Rectifiers (India) Limited (TARIL) is a leading transformer manufacturing company in India. With three manufacturing plants near Ahmedabad and a workforce of approximately 1,200 employees, TARIL stands as the second-largest transformer manufacturer in India in terms of production capacity.
With these latest order wins, TARIL continues to strengthen its foothold in both domestic and international markets, reinforcing its reputation as a trusted supplier of transformers and reactors.
