TARIL climbs after bagging two large transformer orders
Mumbai, Oct. 5 -- The order from DVC involves the manufacturing and supply of 500 MVA and 200 MVA auto transformers along with related work. The order is classified as a large order under the company's policy, with delivery scheduled over 15 to 28 months.
The second order, from GETCO, covers the manufacturing and supply of 80 MVAR and 125 MVAR shunt reactors, 500 MVA auto transformers and related work. The order is also classified as a large order, with delivery scheduled over 24 to 30 months.
The company did not disclose the value of either order. Under its order classification policy, a large order has a value of more than Rs 100 crore and up to Rs 500 crore, excluding GST.
TARIL said neither the promoter group nor group companies ha...
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