MoneyWorks4Me

Hind Rectifiers bags orders worth Rs 26.56 crore from Indian Railways

18 Sep 2013 Evaluate

Hind Rectifiers has received two orders from Indian Railways worth Rs 26.56 crore. The company has received first order from Chittaranjan Locomotives (CLW) for Rs 19.21 crore for supply of 100 Nos. 180 kvA Static Converters required for Electric Locomotives. The company has received second order from Diesel Modernisation works (DMW) for Rs 7.35 crores for supply of 169 Nos. of Alternating Mounted Rectifier required for Diesel Locomotives.

These orders are milestone orders for the Company as each of them mark the placing of complete order by Indian Railways on a single vendor.

Hind Rectifiers (Hirect) was founded in 1958, in collaboration with Westinghouse, Brake & Signal, U.K. Hind Rectifiers, has long standing tradition and experience in developing, designing, manufacturing and marketing Power Semiconductors, Power Electronic Equipments and Railway Transportation Equipments.

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