CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
TELK secures its largest-ever order worth Rs 289 crore for transformer production
Infrastructure - Nov 10,2023 -Transformers and Electricals Kerala Ltd, a joint venture between the Kerala Government and NTPC Ltd, located in Angamaly, has secured the largest order in its history, valued at Rs 289 crore, from Megha Engineering and Infrastructures Limited in Hyderabad.
The order entails the design, manufacture, and supply of 38 transformers with varying capacities.
According to the corporation, TELK won this order in spite of fierce competition from other local and international businesses.
TELK’s business motto of “Quality before Quantity and People before Profit” is the main reason behind the successful bagging of the biggest order in their history, added the company.
The supply of these transformers would be completed and handed over within one year commencing from January 2024, the company said.
TELK currently has an outstanding order book of around ₹353 crore. Adding the order received now, the order level has increased to ₹642 crore. Besides, TELK is in a competitive position and the lowest bidder in many ongoing tenders under finalization.
Company : Transformers and Electricals KeralaRecent News
◉ Atmosphere Core to open luxury resort in Guwahati by 2026 - Mar 28,2025◉ Jindal Stainless mulls Rs 40,000 crore investment for new plant in Maharashtra - Mar 28,2025
◉ Asian Paints hikes capex for new Dahej manufacturing plant to Rs 3,250 crore - Mar 28,2025
◉ ACME Solar plans Rs 17,000 crore capex by 2026 - Mar 28,2025
◉ Tender floated for civil work at SAIL-IISCO steel plant in West Bengal - Mar 28,2025
◉ Reliance Green, L&T Energy, Waaree among nine awarded green hydrogen projects - Mar 28,2025
◉ Naxnova Technologies unveils India’s first flexible printed electronics R&D centre - Mar 28,2025