Transformers and Rectifiers Secures Order From Hyosung T&D India Worth ₹166.45 Crore

Transformers and Rectifiers (India) Limited (TRIL), established in 1981 and headquartered in Ahmedabad, Gujarat, is a leading Indian manufacturer specializing in a wide range of transformers, including power, distribution, furnace, and speciality transformers. The company has a significant presence in both domestic and international markets, exporting to over 25 countries. 

Secured Order Worth of ₹166.45 Crore 

Transformers and Rectifiers (India) Limited (TRIL) has announced a major achievement, securing a significant order worth ₹166.45 Crore. This deal marks a key milestone in the company’s growth, cementing its reputation as one of the leading manufacturers of transformers in India.

The order has been awarded by Hyosung T&D India Private Limited, a prominent domestic entity. TRIL will be responsible for the supply of single-phase coupling Transformers and related work for TBCB Projects. This contract is a step forward in TRIL’s journey, reinforcing its position as a key player in India’s transformer manufacturing sector.

The project entails the supply of Single Phase Coupling Transformers for domestic implementation, with delivery scheduled within the forthcoming financial year. 

The company has confirmed that this contract is not a related party transaction, stating that neither its promoter group nor any affiliated entities have any interest in Hyosung T&D India Private Limited. TRIL emphasized that the order was obtained in the ordinary course of business, adhering to arm’s length principles and upholding the highest standards of corporate integrity.

Share Price Performance 

At 11:00 AM on February 19, 2025, Transformers and Rectifiers (India) Ltd. shares traded at ₹381.85 per share on the NSE.

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