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Transformers & Rectifiers (India) bags HVDC converter transformer order

04 Dec 2025 Evaluate

Transformers & Rectifiers(India) has secured order worth Rs 53.33 crore from Power Grid Corporation ofIndia. The order is for repair, erection, testing, and commissioning of the 397MVA HVDC Converter Transformer and related works. The transformers are to be    delivered by next financial year.

It is an HVDC ConverterTransformer order, and the company is the first Indian Origin Private SectorCompany to receive such an order. With this order, the company has entered into ‘unique club of HVDC transformer manufacturers of world’. This opens majoropportunities for the company in the HVDC segment. This will also strengthenthe government of India’s ‘Make in India’ vision as well as domestic consumers willhave an Indigenous manufacturer of HVDC Transformers.

Transformers and Rectifiers (India) is engagedin the manufacture of a wide range of transformers.

Peers
Company Name CMP
Waaree Energies 2535.10
Apar Industries 18873.90
Havells India 1096.00
Suzlon Energy 43.30
Siemens 3822.80
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