Transformers and Rectifiers (India) Limited, a prominent player in the power transmission and distribution sector, has clinched a significant contract from the Power Grid Corporation of India Limited. The contract, valued at 28.5 Million USD (Rs. 237 Crores), encompasses the design, engineering, manufacturing, testing, supply, and freight of transformers.

The project involves the production of 13x80 MVAR, 765kV, 1-Ph Reactors at Dausa Substation, 7x80 MVAR, 765kV, 1-Ph Reactors at Beawar Substation, and 7x110 MVAR, 765kV, 1-Ph Reactors at Dausa Substation. This comprehensive undertaking also includes insulating oil, fittings, accessories, marshalling boxes for each Auto-Transformer, Digital RTCC Panel, foundation bolts, and cables.

The committed timeline for the project is 15 months from the date of the Notification of Award, showcasing the company's dedication to timely and efficient delivery. Transformers and Rectifiers (India) Limited has solidified its position as a leading transformer manufacturer in the country, consistently striving to provide top-notch products and services.

As a testament to the company's prowess, shares of Transformers And Rectifiers (India) Limited witnessed dynamic trading activity on the BSE. The stock, listed at 2.22 USD (Rs. 184.70), showcased a day of active trading with 46,812 shares exchanged over 1,308 trades. The stock experienced an intraday high of 2.29 USD (Rs. 190.60) and a low of 2.20 USD (Rs. 183.10), with a net turnover of 105,520 USD (Rs. 8,772,610.00).

Source:equitybulls.com