Published On:January 6 2025
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Supreme Power Equipment and Danya Electric Win ₹20 Crore Orders.

Supreme Power Equipment Limited (SPEL), a leading manufacturer of power and distribution transformers, has secured two significant orders totaling ₹20.07 crore.

The first order, worth ₹12.81 crore, has been awarded by Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for the supply of 100 kVA distribution transformers. In addition, Danya Electric Company, a partnership firm 90% owned by SPEL, has bagged a separate order valued at ₹7.26 crore.

Both orders come with a supply timeline of 18 months, during which SPEL aims to ensure timely delivery while maintaining its stringent standards for quality and reliability. The new contracts further solidify SPEL's strong relationship with TANGEDCO, which is built on the company’s successful execution of previous projects.

With the addition of these new orders, SPEL's order book now stands at ₹76.44 crore. The company remains optimistic about its robust bid pipeline and expects to secure similar projects that will strengthen its position in the transformer manufacturing industry.

Chairman and Managing Director Vee Rajmohan expressed gratitude for the continued trust shown by TANGEDCO, stating, “This significant order is a testament to our unwavering commitment to quality and reliability. We are also pleased with the progress of Danya Electric Company, which reflects growing confidence in our extended capabilities. Our team is dedicated to executing both projects with precision and excellence."

He added, “As we look ahead, we remain focused on exploring new opportunities, bolstering our presence in the industry, and contributing to the development of India’s power infrastructure.”

The company views these achievements as critical milestones in its growth trajectory, underscoring its commitment to supporting India’s energy sector with high-quality solutions.

HBL





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