Transformers and Rectifiers Secures ₹726 Crore Key Power Sector Deal

Gujarat Energy Transmission Corporation Ltd. (GETCO) has awarded Transformers and Rectifiers (India) Ltd. a ₹726 crore order for the delivery of auto transformers and bus reactors, which is a significant development for the power transmission industry.  After the Letter of Intent (LOI) is issued, the contract—which includes GST—should be signed within 18 months.

Transformers and Rectifiers has significantly improved with this order, strengthening its position in the Indian power infrastructure market.  As the need for dependable power transmission solutions increases, the company's latest collaboration with GETCO emphasizes how important state-of-the-art transformer technology is to guarantee steady electricity distribution.

The firm clarified that the order is not related to transactions with related parties and is part of routine business operations in a regulatory application.  Its autonomous growth trajectory and dedication to providing top-notch power equipment to important industry players are further reinforced by this.

The agreement puts Transformers and Rectifiers as a major contributor to the growth of the Indian energy sector, which is accelerating due to the country's power grid upgrade and infrastructure expansion.