Transrail Lighting's Order Book Swells to Rs 3,580 Crore (USD 559 Million)

MUMBAI, January 3, 2018 /PRNewswire/ --

Transrail Lighting Limited (Transrail), one of the leading T&D turnkey solutions providers, has secured new orders worth Rs. 904 crore in India and abroad over the six months ending September 2017. The company's order book as on September 30, 2017 stood at Rs 3,580 crore (USD 559 million).

Transrail's international business is also gaining steady traction with the Company currently executing several projects in countries such as Afghanistan, Benin, Bhutan, Ethiopia, Ghana, Kenya, Nigeria, Togo, etc. Moreover, post September 2017, Transrail has added new international contracts amounting to Rs 119 crore in Kenya and Rs 36 crore in Bangladesh. This has strengthened the Company's order book further.

The domestic business still contributes significantly to the overall revenue as Transrail, with its successful track record of more than 3 decades in the T&D sector, continues to be a preferred EPC player. 

Commenting on the growing order book, Mr. D. C. Bagde, Managing Director, Transrail Lighting Limited said, "Our growing overseas presence has been instrumental in generating new enquiries and we are responding aggressively to new Request For Proposals (RFPs) coming from targeted developing economies. Some of these have converted into new orders, and the success we're seeing from our efforts is giving us greater motivation to multiply our continued focus and further solidify our presence in these markets. With a gamut of capabilities under a single umbrella, Transrail has a greater possibility to succeed from these new opportunities. 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."

Transrail has successfully completed the acquisition of the Transmission and Distribution business, from its erstwhile parent company - Gammon India Limited (GIL) through a Business Transfer Agreement and Scheme of Arrangement. As a result of this consolidation, Transrail now possesses cutting-edge capabilities in engineering, procurement and construction of Power Transmission and Distribution infrastructure. With holistic capabilities, Transrail Lighting Limited is poised to benefit from its state-of-the-art design, manufacturing and testing facilities and rich past work experience and qualifications in the T&D and lighting infrastructure business.

About Transrail Lighting Limited
Transrail Lighting Limited (Transrail) is a leading EPC company with over three decades of experience in providing comprehensive solutions on the turnkey basis globally. Transrail's has presence across Power Transmission and Distribution, lighting infrastructure, substations and railways. The company has in-house manufacturing facilities for towers, conductors and poles. Transrail's solutions range from design, testing to fabrication, supply of materials, erection, stringing and commissioning. Transrail's lighting infrastructure solutions business designs and installs engineered polygonal galvanised poles for power T&D, high mast, street lights and stadium mast, among others. Transrail caters to customers across India, Africa, Americas and Asia. To know more about Transrail, visit http://www.transrail.in

For More Information, Please Contact:
Transrail Lighting Limited
Puneet Dammani
+91-9920432940
puneet.dammani@transraillighting.com

Dickenson Financial PR

Mehul Mehta
President
Dickenson Financial PR
+91-9820280325
mehul.mehta@dickensonir.com


SOURCE Transrail Lighting Limited



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