Transformers and Rectifiers (India) Limited (TARIL) has secured an export order worth USD 16,258,352, equivalent to about Rs 150 crore, from PDC AK LPIV, LLC. The contract covers the manufacturing and supply of five transformers, with delivery scheduled by mid-2027. The company stated that the order falls within its normal course of business and does…
Waaree Energies has approved two capital allocation decisions that extend its manufacturing presence into solar glass and power transformers. The larger is a Rs 3,900 crore outlay to build a glass manufacturing plant under its wholly owned subsidiary, Waaree Green Glass Private Ltd. The facility will produce 2,500 tonnes of glass per day, financed through…
Schneider Electric Infrastructure Ltd (SEIL) has announced plans to expand its medium power transformer manufacturing capacity. In a regulatory filing on February 11, 2025, SEIL revealed that its board of directors approved an investment of Rs 136 million to enhance the existing capacity by 1,500 MVA per year. The investment will be financed through internal…