Transrail Lighting bags fresh orders worth Rs 408 crore, Rs 1,394 crore in a fortnight
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Transrail Lighting Limited has received new orders worth Rs 408 crore, the company announced today. It is a leading company doing engineering, procurement and construction (EPC) work in the transmission and distribution (T&D) sector.
The new orders have further strengthened the company's order book. The total value of orders it has received so far in the current financial year now stands at Rs 2,429 crore.
The Rs 408 crore orders include some domestic orders, but the main part is an EPC project for a gas-insulated substation (GIS) in the MENA region. The win reflects the company's extensive technical and operational expertise, and the trust international customers have shown in it for high-technology projects.
Randeep Narang, managing director and CEO of the company, spoke about the orders. He said, "We are consistently winning new orders, along with rising spending on the T&D sector across the world."
He added, "With this, we have won orders worth Rs 1,394 crore in the last fortnight alone. Also, the total order inflow in the current financial year so far has reached Rs 2,429 crore."
Narang also said, "The new orders worth Rs 408 crore mainly include a greenfield EPC substation project in the MENA region."
Speaking about the project, Narang said, "This project is based on advanced gas-insulated technology, which reflects our advanced expertise."
He further said, "Through all our products and services, we are growing in a balanced manner in domestic and international markets."
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