Supreme Power Equipment Bags ₹3.63 Crore Order for Power Transformers
Team Finance Saathi
30/Dec/2024

What's covered under the Article:
- Supreme Power Equipment Limited secures a ₹3.63 crore domestic order for power transformers from TRANTRANSCO.
- The order involves the manufacturing, supply, and erection of power transformers to be completed within 3 months.
- The order is not related to any promoter group or related party transactions.
Supreme Power Equipment Limited has recently announced securing a ₹3.63 crore domestic order from TRANTRANSCO, a significant development for the company. This new contract, awarded on December 30, 2024, involves the manufacturing, supply, and erection of power transformers. The order is part of the ongoing efforts by the company to expand its operations in the power sector.
TRANTRANSCO, a key player in the Indian power transmission industry, has entrusted Supreme Power Equipment Limited with this important project. The order has been awarded as part of TRANTRANSCO's ongoing initiatives to strengthen its power transmission infrastructure. The contract is scheduled to be completed within approximately 3 months, showcasing the company’s ability to handle large projects in a short time frame.
This new order from TRANTRANSCO is a clear indicator of Supreme Power Equipment's growing presence in the power sector. The company is well-positioned to leverage this contract to further expand its market share and increase revenue in the upcoming quarters. Additionally, this order demonstrates the company's expertise in the manufacturing and installation of power transformers, which are essential components in power transmission.
Importantly, the ₹3.63 crore order is a domestic order and will be executed in India. This highlights the company’s focus on strengthening its operations within the domestic market while contributing to the country's infrastructure development.
As part of the disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, the details of the order, including its terms and conditions, have been made available. These details include that the order is a supply and erection order for power transformers, with a completion time of about 3 months. The transaction is not related to any promoter group or related party transactions, ensuring transparency and compliance with regulatory requirements.
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In addition, Supreme Power Equipment Limited continues to maintain strong corporate governance and adhere to all regulatory requirements. The company’s leadership remains committed to ensuring high standards of transparency and accountability in its operations.
As we continue to follow Supreme Power Equipment Limited’s progress, investors and stakeholders are advised to keep an eye on the company’s performance, particularly in relation to large orders such as this one. The company's ability to secure domestic orders reflects its strong market presence and operational capabilities.
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