Transformers and Rectifiers (India) Ltd. gets new order of Rs. 166 crore.
Date: December 27, 2019
Transformers and Rectifiers (India) Ltd. has been awarded the order of Transformers amounting to US$ 23,586,713 equivalent to Rs. 166 Crore from Transmission Company of Nigeria Plc, Maitama, Abuja (World bank funded Project). The said order falls under the normal course of business. The Company neither has any interest in the entity that awarded the order nor fall within related party transactions. With this order, the Company's Order book as on date stands around Rs. 1161 Crores.
The Company continuously thrives to deliver quality products and services and over a period of time has become a leading manufacturer of transformers in India and cater the export business in various countries.