Transformers & Rectifiers Secures INR 53.33 Crore HVDC Converter Transformer Order from Power Grid Corporation of India
Transformers & Rectifiers (India) has secured an INR 53.33 crore order from Power Grid Corporation of India for HVDC converter transformers—a milestone that positions the company as the first Indian-origin private manufacturer to enter this advanced technology segment.
December 08, 2025. By News Bureau
This order marks a significant milestone for TARIL, making it the first Indian-origin private sector manufacturer to win a contract in the technologically advanced HVDC converter transformer segment. With this development, TARIL joins a limited group of global manufacturers capable of executing complex HVDC transformer solutions.
The contract highlights TARIL’s engineering capabilities and strengthens its position in a specialised area of India’s transmission ecosystem, where precision, reliability, and advanced technology are critical. The order also comes at a time when India is accelerating the expansion of its transmission infrastructure to support renewable energy integration, enhance grid stability, and enable long-distance, high-capacity power transfer.
Commenting on the development, Mukul P Srivastava, CEO, Transformers & Rectifiers (India) (TARIL), said, “Securing this order from Power Grid Corporation of India is an important achievement for TARIL and a strong endorsement of our technical capabilities. Entering the global league of HVDC converter transformer segment represents a strategic step forward for us, aligning with the nation’s broader ‘Make in India’ vision to strengthen indigenous manufacturing in advanced power technologies. This opportunity enhances our presence in a high-growth, high-technology space and supports our long-term plan to expand our offerings in the HVDC segment as demand continues to rise.”
India’s HVDC market is witnessing robust growth driven by large-scale renewable energy deployment including offshore wind targets of 30 GW by 2030, expansion of the Green Energy Corridor, interconnection of asynchronous grids and emerging cross-border transmission projects. Increased adoption of advanced technologies such as Voltage Source Converter (VSC) systems is further strengthening sector demand. This order enhances TARIL’s strategic positioning in a critical, high-value segment shaping the next phase of India’s power-grid development.
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