My Profile

Article Hub

In Focus
Technical Articles
Written Interviews

Media Hub

CEO Forums
Podcasts
Power Panels
Tech Talks
Technology Showcases
Webinars

Other Brands

Other brands
Other brands

Search

Login

Subscribe

Subscribe to Digital & Print Magazine

Background image

Digital Magazine

Read our online digital magazine anytime, anywhere, with exclusive articles, expert insights, and real-world case studies to keep you ahead in your industry.

Subscribe to Digital

Print Magazine

A premium, collectible magazine, crafted with care, featuring expert insights, technical articles, and case studies. Plus, enjoy free digital access for added convenience.

Subscribe to Print & Digital

Article Hub

Article Hub

In Focus

Technical Articles

Written Interviews

Go to In Focus
Superior Protection Without the Compromise

Superior Protection Without the Compromise
5 Ways to Ensure Repeatable Oil Test Results (Every Time)

5 Ways to Ensure Repeatable Oil Test Results (Every Time)
Navigating the Transformer Boom: Advanced Insulation Solutions for a High-Demand Era

Navigating the Transformer Boom: Advanced Insulation Solutions for a High-Demand Era
Reducing Transformer Insurance Premiums through Condition Monitoring

Reducing Transformer Insurance Premiums through Condition Monitoring
Powering Germany's Future: Münch Energie Relies on FR3™ Fluid for Peak Performance

Powering Germany's Future: Münch Energie Relies on FR3™ Fluid for Peak Performance
Comparing Energy and Greenhouse Gas Emission Savings of Transformer Oils - Lifetime Energy Savings (LES)

Comparing Energy and Greenhouse Gas Emission Savings of Transformer Oils - Lifetime Energy Savings (LES)

Media Hub

Media Hub

CEO Forums

Podcasts

Power Panels

Tech Talks

Technology Showcases

Webinars

Event Interviews
Go to CEO Forums
Innovation: Advances Shaping the Future of the Power Industry

Innovation: Advances Shaping the Future of the Power Industry
Leadership Principles: Creating a Culture of Excellence, Innovation, and Collaboration

Leadership Principles: Creating a Culture of Excellence, Innovation, and Collaboration
Looking Back...Looking Ahead: Advances Shaping the Future of the Power Industry

Looking Back...Looking Ahead: Advances Shaping the Future of the Power Industry
A Look Ahead: Insights from Leaders on 2025 and Beyond

A Look Ahead: Insights from Leaders on 2025 and Beyond

Other Brands

Logo

Trustworthy coverage of the transformer and transformer-related industries.

Visit Website
Logo

Trustworthy coverage of the transformer and transformer-related industries.

Visit Website

TARIL Wins $67M Contract to Supply Power Grid Corporation

3 Oct 2024
International News
Transformers and Rectifiers (India) Limited (TARIL) announced today that it has won orders worth $67 million from Power Grid Corporation of India Limited. The order includes manufacturing transformers and reactors with specifications ranging from 80 MVAr to 500 MVA and voltage levels between 420kV and 765kV.

 

This contract will play a crucial role in supporting India's expanding power infrastructure. Scheduled for completion by the financial year 2025-26, the project positions TARIL as a leading supplier within the power industry.

Following the announcement, TARIL's stock price saw a 4% increase, driven by investor confidence in the company's growing order book. The stock surge comes ahead of TARIL's Q2 financial results, which will be announced on October 8, 2024.

While TARIL's order book has strengthened, there remains some concentration risk, with Power Grid Corporation accounting for 51% of its current orders. This reflects the broader industry reliance on large public-sector entities for power transmission investments. However, with more infrastructure projects from the Central Electricity Authority in the pipeline, this trend is likely to continue.

TARIL's expanding footprint in the power transformer industry and focus on high-quality production reinforce its competitive position in the growing power sector.

 

Source: angelone.in

tt,international

Related Articles

From the Editor: Safety and Reliability: Two Sides of the Same Coin

Superior Protection Without the Compromise

Benefits of Accurate Winding Hot-Spot Temperature Measurements

5 Ways to Ensure Repeatable Oil Test Results (Every Time)
Subscribe image

Subscribe to our Newsletter

Subscribe to our newsletter and stay ahead with the latest innovations, industry trends, and expert insights in power systems technology. Get updates on cutting-edge solutions, renewable energy advancements, and essential best practices—delivered straight to your inbox.