Transformers and Rectifiers (India) Ltd has secured a new order worth Rs 166.45 crore from Hyosung T&D India Pvt Ltd. The contract involves the manufacturing and supply of single-phase coupling transformers for TBCB (tariff-based competitive bidding) projects, to be completed by the next financial year. The company also clarified that its promoters and group companies have no interest in the entities awarding the orders.
