Transrail Lighting Secures Orders Worth ₹2,752 Crore

TransrailLighting_Secures_Orders

Transrail Lighting Ltd announced on February 27 that it has secured new orders amounting to ₹2,752 crore, primarily in the transmission and distribution (T&D) sector. The latest orders, largely from the Transmission & Distribution (T&D) sector, highlight Transrail Lighting’s growing presence in the industry.

With a footprint across 58 countries, the company is well-established in sectors such as Civil, Railways, and Poles and Lighting. Transrail’s order book has experienced remarkable growth, with Year-to-Date (YTD) order inflows exceeding Rs 7,400 crore, reflecting a nearly 90% increase compared to the previous year. This expansion is fueled by the company’s strategic backward integration and its competitive advantage in the market.

Randeep Narang, Managing Director and CEO, commented, “We are excited to share that we’ve won orders totaling ₹2,752 crore, solidifying our position as a reliable partner in the T&D industry. Our order book continues to expand, bolstered by our competitive edge and backward integration. With these new orders, our year-to-date order inflows have surpassed ₹7,400 crore, marking a nearly 90% increase compared to last year. This positions us well for continued growth. With a solid order book, strong manufacturing capacity, proven execution capabilities, and a promising tender pipeline, we are optimistic about our growth prospects in the upcoming quarters.”

In a move to address increasing demand, Transrail Lighting also revealed plans to establish a new manufacturing facility. Narang further stated that the company’s order book now totals ₹10,300 crore, with an additional ₹3,400 crore in potential orders. Transrail is targeting an annual order inflow of ₹5,000-6,000 crore for the 2024-25 fiscal year, encompassing both domestic and international projects.

Transrail Lighting is a leading Indian engineering, procurement, and construction (EPC) company, specializing in the power transmission and distribution sector. The company operates integrated manufacturing facilities for lattice structures, conductors, and monopoles, with a presence in over 58 countries.