Supreme Power Equipment Ltd has bagged fresh orders worth Rs 153.5 million, strengthening its order book and reinforcing its position in the power equipment sector. The contracts include supplies for transmission and renewable energy projects, reflecting the company’s growing role in India’s infrastructure and clean energy expansion.
Supreme Power Equipment Ltd has announced the securing of new contracts valued at Rs 153.5 million, marking a significant milestone in its business expansion. The orders, awarded by leading EPC and renewable energy firms, highlight the company’s expertise in delivering advanced transformer solutions for both conventional and green energy projects.
Key highlights from the announcement include
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Order size pegged at Rs 153.5 million, adding strength to the company’s portfolio.
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Contracts include supply of power transformers for Karnataka Power Transmission Corporation Ltd (KPTCL) projects.
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Additional orders secured for renewable energy projects, including inverter duty transformers for solar installations.
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Execution timelines range between four to five months, ensuring near-term revenue visibility.
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Standalone order book now stands at approximately Rs 1.56 billion, reflecting healthy demand.
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Company shares witnessed positive momentum, hitting the upper circuit after the announcement.
The new orders not only enhance Supreme Power’s financial outlook but also underscore its strategic alignment with India’s push toward renewable energy and infrastructure modernization. With a growing order book and strong execution capabilities, the company is well-positioned to capitalize on future opportunities in the power sector.
Sources: Blinkx, JM Financial Services, Capital Market News