TARIL wins Rs 53 crore HVDC transformer order from Power Grid
Author: PPD Team Date: December 5, 2025
Author: PPD Team Date: December 5, 2025
Transformers and Rectifiers India Limited (TARIL) has disclosed a domestic contract valued at Rs 53.33 crore from Power Grid Corporation of India Limited. The order covers work on a 397 MVA HVDC Converter Transformer.
TARIL notified BSE and NSE on 04 December 2025. The disclosure states that Power Grid has awarded work for repair, erection, testing, and commissioning of a 397 MVA HVDC Converter Transformer and associated tasks. Delivery of transformers is scheduled for the next financial year.
TARIL described this as its first HVDC Converter Transformer order secured as an Indian origin private sector company. The company said this places TARIL among a limited group of global HVDC transformer manufacturers and creates new opportunities in the HVDC segment.
The disclosure also outlines market drivers that include renewable energy integration, grid modernisation, planned transmission expansion, cross border transmission prospects, and demand for advanced technologies such as VSC systems. TARIL noted that the contract supports the Government of India’s Make in India vision by adding an indigenous manufacturer in the HVDC space.
The featured photograph (Source: Siemens) is for representation only.
Author: PPD Team Date: February 12, 2025 Neoenergia, Iberdrola’s Brazilian subsidiary, has sold its 70% stake in the Baixo Iguaçu Hydroelectric Power Plant to EDF and STOA for 1,430 million Brazilian reals (approximately €240 million). Located in Paraná, the plant has an installed capacity of 350 MW and assured energy of 172 MWm. This transaction supports Iberdrola’s asset rotation strategy, focusing on optimizing its portfolio, creating value, maintaining capital discipline, and simplifying its structure. Neoenergia…
Author: PPD Team Date: April 10, 2025 Waaree Renewable Technologies Limited (WRTL) has been officially listed on the National Stock Exchange of India (NSE), marking a key milestone for the company. The NSE listing is expected to strengthen Waaree’s market presence, improve investor engagement, and support access to capital for future expansion. WRTL plans to scale its solar capacity, explore hybrid energy solutions, and expand its footprint in both Indian and global markets. A subsidiary…
Author: PPD Team Date: November 25, 2024 KEC International Ltd. has won orders worth Rs 11.14 billion. These include: Transmission & Distribution (T&D): Orders include a 400 kV transmission line project in Oman and supply of towers, hardware, and poles in the Americas. Cables: Orders for various cables were secured for supply in both domestic and international markets. Civil: Orders were secured in the industrial segment in India, diversifying the business’s customer base. Railways: The…
Author: PPD Team Date: January 30, 2026 JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has completed the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS. The transaction, with an enterprise valuation of approximately Rs 1,728 crore, was completed on January 29, 2026, after receiving the required regulatory approvals. Tidong Power is developing a 150 MW run of river hydroelectric project in the Tidong Valley in the…
Author: PPD Team Date: January 23, 2025 Trincomalee Power Company Limited (TPCL), a joint venture between NTPC Limited and the Ceylon Electricity Board (CEB), is developing a 50 MW solar project in Sampoor, Trincomalee, Sri Lanka, with potential for expansion to 120 MW. The project’s tariff has been finalised at 5.97 US cents per unit. The Sampoor Solar Project is aligned with Sri Lanka’s renewable energy goals and will contribute to long-term energy security. The…
Author: PPD Team Date: April 11, 2025 Ahasolar Technologies Limited has received a consultancy work order from Gujarat Urban Development Company Limited (GUDA), valued at around Rs 10 million. The scope includes preparing detailed project reports (DPRs), assisting in procurement, checking and certifying quality assurance plans, scrutinising design and drawings, and certifying the contractor’s bills. These services support the development of grid-connected solar photovoltaic projects across Gujarat. The projects will include solar systems with capacities…