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    Home - Business - Supreme Power Equipment Secures Rs 16 Cr Order For Supplying Power Transformers
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    Supreme Power Equipment Secures Rs 16 Cr Order For Supplying Power Transformers

    SPEL Wins ₹15.95 Crore Order, Reinforcing Leadership in Power Transformer Manufacturing
    NaquiyahBy NaquiyahNovember 28, 2024No Comments2 Mins Read
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    Mumbai (Maharashtra) [India], November 28: Supreme Power Equipment Limited (SPEL) (NSE Code: SUPREMEPWR), one of the leading manufacturers of power and distribution transformers, has secured a significant domestic order valued at ₹ 15.95 Cr. The order involves the design, manufacturing, and supply of state-of-the-art power transformers, emphasising the Company’s capabilities to deliver high-quality, custom-engineered solutions for India’s expanding power sector.

    The order has been placed by a reputed domestic entity within the electrical industry, highlighting Supreme Power Equipment Limited’s trusted reputation in the market. With an execution timeline of approximately five months, the project underscores the Company’s commitment to operational excellence and timely delivery.

    This significant order addition not only enhances the Company’s order book, taking it to a strong ₹ 62.25 Cr, but also underscores its strong capabilities in addressing the growing demand for power infrastructure solutions in India.

    Commenting on the development, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited, said, “This new order is a significant step forward for our Company. The growing demand for power transformers is a reflection of the robust requirements in the power sector, driven by industrial growth, urbanisation, and electrification projects.

    This contract reaffirms the trust placed in Supreme Power Equipment Limited by our clients, thanks to our consistent delivery of innovative and reliable solutions. We are confident that the successful execution of this order will further strengthen our position in the power transformer manufacturing industry and contribute meaningfully to India’s energy infrastructure development.”

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    Secures Rs 16 Cr Order Supplying Power Transformers Supreme Power Equipment Limited
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