On February 18, 2025, Transformers and Rectifiers (India) Limited (TARIL) announced that it had secured a ₹166.45 Crore order from Hyosung T&D India Private Limited. This significant milestone was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Details of the Order
- Client: Hyosung T&D India Private Limited
- Scope of Work: Supply of Single Phase Coupling Transformers and Single Phase Transformers for TBCB (Tariff-Based Competitive Bidding) Projects
- Order Type: Domestic
- Execution Timeline: Transformers to be delivered in the next financial year
- Promoter Interest: No involvement of promoters, promoter groups, or group companies in the awarding entity
- Related Party Transaction: The order is part of TARIL’s regular business operations and does not qualify as a related party transaction
TARIL: A Leading Transformer Manufacturer in India
TARIL is one of India’s top transformer manufacturers, recognized for its ability to develop and supply various types of transformers. As the second-largest transformer manufacturer in India by capacity, the company continues to expand its presence in the power transmission sector.
With a workforce of 1,200 skilled employees, TARIL is committed to maintaining the highest quality standards in manufacturing, ensuring the reliable supply of power infrastructure solutions across the country.
Securing this ₹166.45 Crore order further strengthens TARIL’s position in the transformer manufacturing sector. With its expertise, capacity, and commitment to excellence, the company is well-positioned to contribute to India’s growing power infrastructure needs.
Stay tuned for more updates on TARIL’s projects and industry developments.
