Transformers & Rectifiers Appoints Mukul Srivastava as CEO, Signals Strategic Leadership Shift

Transformers and Rectifiers (India) Ltd (TRIL), a key player in India’s power transmission equipment sector, has announced the appointment of Mukul Srivastava as its new Chief Executive Officer, effective July 8, 2025. The leadership change comes at a pivotal time as the company scales operations and eyes global expansion in the high-voltage transformer segment.

 

Key Highlights:

 

- Mukul Srivastava brings over two decades of experience in power systems, engineering, and strategic operations, having held leadership roles in both Indian and multinational firms.

 

- His appointment follows a series of high-value order wins, including ₹726 crore from GETCO and ₹350 crore in combined domestic and export orders earlier this year.

 

- Srivastava is expected to drive TRIL’s next phase of growth, focusing on technology upgrades, export diversification, and operational efficiency.

 

Strategic Significance:

 

- The leadership transition aligns with TRIL’s broader vision to become a global supplier of high-voltage and ultra-high-voltage transformers.

 

- Srivastava’s expertise in digital transformation and lean manufacturing is expected to enhance TRIL’s competitiveness in both domestic and international markets.

 

- The company is also investing in R&D and expanding its product portfolio to include inverter-duty transformers and 245 kV bushings, signaling a push into advanced grid technologies.

 

Outlook: With a strong order book, robust execution pipeline, and fresh leadership at the helm, TRIL is well-positioned to capitalize on India’s power infrastructure boom. Analysts believe Srivastava’s appointment could accelerate margin expansion and improve return ratios over the next 12–18 months.

 

Sources: Rediff MoneyWiz, Corporate Announcements – transformerindia.com