Supreme Power Equipment Limited Secures Rs 3.43 Cr Order in Solar Energy Sector

Supreme Power Equipment Limited announced a significant Rs 3.43 crore order for power transformers from a Coimbatore-based solar energy firm. This highlights SPEL's prowess in renewable energy technology and further solidifies its market position with a growing order book worth Rs 82.99 crore.

In a notable development within the energy sector, Supreme Power Equipment Limited (SPEL), identified by the NSE code SUPREMEPWR, has secured a substantial domestic order valued at Rs 3.43 crore. The order, from a prominent solar energy company in Coimbatore, affirms SPEL's leadership in power and distribution transformers.

The agreement involves the production and supply of outdoor oil-cooled transformers tailored to stringent specifications for optimal performance in renewable energy applications. Scheduled for delivery within the upcoming 4-5 months, this contract reflects the company's dedication to quality and technological excellence.

Totaling an order book of Rs 82.99 crore, SPEL remains a key player in the energy market by consistently offering innovative and precise engineering solutions. Vee Rajmohan, the Chairman and Managing Director, emphasized the company's commitment to advancing sustainable energy solutions through their reliable transformers, even in challenging environments.

(With inputs from agencies.)