India, Dec. 4 -- Transformers and Rectifiers (India) Ltd (TARIL) has secured a Rs 53.33 crore order from Power Grid Corporation of India for the repair, erection, testing and commissioning of a 397 MVA HVDC converter transformer along with associated works.
In a regulatory filing, the company said the contract marks its entry into the global league of HVDC transformer manufacturers, opening significant growth opportunities in the high-voltage direct current segment.
TARIL added that the order is expected to strengthen its presence in the specialised transformer solutions market.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....