Supreme Power Equipment Secures Major Transformer Supply Deal
Supreme Power Equipment announced on Saturday the acquisition of transformer supply orders totaling Rs 128 crore. The orders, from Hyderabad-based companies, involve power transformers with specifications of 20 MVA, 112.5 MVA, and 160 MVA. The company aims to strengthen its market presence and capitalize on infrastructure growth in Telangana.
- Country:
- India
Supreme Power Equipment has announced securing transformer supply orders totaling Rs 128 crore, reinforcing its market position in India's power infrastructure sector. The orders were placed by various Hyderabad-based companies for transformers of 20 MVA, 112.5 MVA, and 160 MVA capacities.
The company plans to fulfill these orders within timelines extending from 11 to 17 months, enhancing its near-term revenue projections. These strategic orders significantly bolster Supreme Power's order pipeline, reflecting the growing demand for power infrastructure, particularly in high-growth areas like Telangana.
Chairman and Managing Director Vee Rajmohan emphasized the company's commitment to high-quality execution and long-term stakeholder value, amidst rising infrastructure investments nationwide. Supreme Power Equipment, based in Tamil Nadu, specializes in manufacturing high-grade power and distribution transformers.
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