Transformers & Rectifiers gets order worth up to ₹500 crore from MEIL

The Gujarat-based company has classified the order as a ‘large order’. Under its internal project classification, orders worth ₹100 crore to ₹500 crore, excluding GST, fall under this category. The company has not disclosed the exact value of the order.

The order is to be executed over a period of nearly three years, with the delivery schedule extending through the next 35 months. The work will be carried out according to the terms and conditions set out in the purchase order, the company said in its filing.

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The contract covers the manufacturing of transformers and related work. Transformers and Rectifiers India said the order forms part of its normal course of business.

The latest order follows a similar contract secured by Transformers & Rectifiers (India) earlier this month. On August 14, the company said it had received a Letter of Intent from Transmission Corporation of Andhra Pradesh (APTRANSCO) for a project in the ₹100 crore to ₹500 crore range. The contract covers the manufacture of transformers and related work, with delivery scheduled over the following 13 months.

The company classified the project as a large order and said it would be executed in line with the terms set out in the LoI.

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The company’s un-executed order book stood at ₹6,630 crore as of Q1 FY27, up from ₹5,005 crore at the end of FY26, according to its investor presentation. Power transformers accounted for the largest share at 80%, followed by reactors at 10%.

Distribution transformers and furnace transformers each contributed 2%, while rectifier transformers accounted for 1%. Specialty transformers made up the remaining 5% of the order book.

The company also said it completed dynamic short-circuit testing on four units during Q1 FY27, a test used to assess whether electrical equipment can withstand mechanical and thermal stresses caused by sudden faults.