Transrail Lighting Ltd, a turnkey solutions provider in the power T&D space, has secured new orders worth Rs.904 crore in India and abroad during the six months ending September 2017. The company’s order book as on September 30, 2017 stood at Rs.3,580 crore, Transrail said in a press release.
Even as domestic business contributes to the overall revenue of Transrail, the company’s international business is also gaining traction, the release noted. The company is currently executing several projects in countries such as Afghanistan, Benin, Bhutan, Ethiopia, Ghana, Kenya, Nigeria, Togo, etc. In fact, post September 30, 2017 (the date of the aforementioned order book position), Transrail has added new international contracts amounting to Rs.119 crore in Kenya and Rs.36 crore in Bangladesh.
We’re determined to set the highest benchmarks in the T&D industry, says D.C. Bagde, MD, Transrail
Commenting on the growing order book, D. C. Bagde, Managing Director, Transrail Lighting Ltd said, “Our growing overseas presence has been instrumental in generating new enquiries. Once we’ve won a mandate, we’re determined to set the highest benchmarks in the T&D industry as testimony to our value proposition.”
It may be recalled that in early 2016 Transrail successfully completed the acquisition of the power transmission and distribution (T&D) business, from its erstwhile parent company Gammon India Ltd (GIL) through a business transfer agreement and scheme of arrangement. Transrail has design, manufacturing and testing facilities with respect to power transmission and distribution, as well as lighting infrastructure. Much of Transrail’s current business—around 95 per cent–comes from the power T&D sector.
(Photo, sourced from inhabitat.com is for illustration only)
