Transformers and Rectifiers (India) has received a ‘Stop Deal’ notice dated July 13, 2023, which has been physically received by RPAD on July 19, 2023, from Gujarat Energy Transmission Corporation (GETCO) intimating that GETCO has decided to stop dealing with the Company for a period of 3 years on the ground that the Company had allegedly submitted forged Material Dispatch Clearance Certificate (MDCC) relating to certain Transformers supplied by the Company under the Contract awarded to the Company for supply of total 29 Transformers and 1 Reactor to GETCO.
Till date the Company has already supplied 24 Transformers and 1 Reactor to GETCO under the said Contract. Further, based on earlier discussions on this issue with GETCO, the Company has successfully concluded additional inspection tests as per the requirements of GETCO, and the above Transformers/Reactor supplied under the said Contract are in operation in GETCO. The Company is taking necessary steps for defending its position against this allegation, and resolving this issue.
Transformers & Rectifiers (India) is engaged in the manufacture of a wide range of transformers.