SPEL Bags Rs 32.23 Cr Worth of Orders, Marking Multiple Market Entries

Chennai (Tamil Nadu) [India], August 14: Supreme Power Equipment Limited (SPEL) (NSE Code: SUPREMEPWR), one of the leading manufacturers of power and distribution transformers, has announced the receipt of five orders totalling ₹32.23 Cr in the span of one month. These orders encompass both domestic and international markets, reinforcing SPEL’s diversified customer base and expanding its global footprint.

Order 1 – First project from Kerala State Electric Utility, and the largest of the five new contracts

  • Name of the client: Kerala State Electric Utility (KSEBL)
  • Scope: Supply of 5 nos. 25 MVA, 110/22 KV power transformers
  • Execution timeframe: Within 6 months (approx.)
  • Contract Value: ₹ 15.25 Cr (approx.)
  • Date of Receipt: 11th August 2025

Order 2 – New orders from a reputed renewable power (solar) project company

  • Name of the client: Reputed Renewable Power (Solar) Project Company
  • Scope: Supply of 2 nos.. 55 MVA, 110/33 KV and 1 no. 30 MVA, 110/33 KV power transformers for pooling substations
  • Execution timeframe: Within 4 months (approx.)
  • Contract Value: ₹ 8.92 Cr (approx.)
  • Date of Receipt: 12th August 2025

Order 3 – Strengthening domestic presence with Tamil Nadu Power Distribution Corporation Limited

  • Name of the client: Tamil Nadu Power Distribution Corporation Limited (TNPDCL)
  • Scope: Manufacturing and supply of distribution transformers
  • Execution timeframe: Within 18 months (approx.)
  • Contract Value: ₹ 4.48 Cr (approx.)
  • Date of Receipt: 28th July 2025

Order 4 – First order from a steel sector client, expanding into a new industry

  • Name of the client: Reputed Steel Plant, Kerala
  • Scope: Supply of 31.5 MVA, 110/22 KV power transformer with NIFPS
  • Execution timeframe: Within 5 months (approx.)
  • Contract Value: ₹ 2.55 Cr (approx.)
  • Date of Receipt: 11th August 2025

Order 5 – First-ever order from Mexico, marking entry into North America

  • Name of the client: A reputed industrial customer in Mexico
  • Scope: Supply of 9 MVA power transformer
  • Execution timeframe: Within 4 months (approx.)
  • Contract Value: ₹ 1.03 Cr (approx.)
  • Date of Receipt: 29th July 2025

These wins underscore Supreme Power Equipment Limited’s ability to serve diverse customer segments and extend its presence across domestic and international markets. Each order reinforces the company’s reputation as a trusted partner in providing world-class transformer solutions that meet the evolving demands of the energy sector, while contributing to critical infrastructure development worldwide.

With the addition of these five contracts worth ₹32.23 Cr, Supreme Power Equipment Limited’s (SPEL) standalone order book stands at ₹180.86 Cr as on 13th August 2025. The order book of its 90%-owned subsidiary, Danya Electric Company, stands at ₹17.26 Cr. Together, the consolidated order book totals ₹198.12 Cr, ensuring strong execution visibility in the months ahead.

On the receipt of the order, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited, said, “This set of contracts is particularly meaningful to us, not just for their combined value, but for the new doors they open. Our first project from Mexico takes us into North America, while our engagement with Kerala State Electric Utility marks our entry into the state’s power network. We are also working with a steel industry client for the first time, which is a promising addition to our portfolio.

Each of these projects comes with distinct technical requirements, from large-capacity units for utilities to specialised transformers with advanced protection systems for industrial use. Our teams are prepared to deliver them all with the precision, reliability, and attention to detail that define our work. With the current consolidated order book at ₹ 198.12 Cr, we look forward to translating these opportunities into successful, on-time deliveries.”

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

Business

Airfloa Rail Technology Bags ~INR 10 Crore Order from Integral Coach Factory

Mumbai (Maharashtra) [India], December 17: Airfloa Rail Technology Limited (BSE – AIRFLOA | 544516 | INE0XBS01012), a leading manufacturer of railway rolling stock components and turnkey interior solutions, has announced the receipt of a new domestic order valued at ₹9.96 Crorefrom the Furnishing Division of Integral Coach Factory (ICF), Chennai. Order Overview The order entails the supply and installation of interior panelling and […]

Read More
Business

‘Gujarat Kidney and Super Speciality Limited’ is a Multispeciality Company Providing Healthcare Services at Several Locations in Gujarat

The company’s IPO will open on December 22 and close on December 24, 2025 Vadodara (Gujarat) [India], December 17:  Vadodara-based Gujarat Kidney and Super Speciality Limited is a multispecialist company providing healthcare services at several locations in Gujarat. The company is bringing an IPO on the NSE and BSE mainboard to meet its desired capital […]

Read More
Business distributors financial inclusion india finance jignesh desai Mutual Funds neeraj choksi nj group surat wealth management

The Wealth Architects of India – NJ Group’s Legacy of Trust & Transformation

L to R: Mr Neeraj Choksi and Mr. Jignesh Desai, Co-founder and Promoter of NJ Group New Delhi [India], December 17: In the dynamic world of Indian finance, some stories are inspiring, like the NJ group. Established in 1994 by visionary industry leaders Mr. Neeraj Choksi and Mr. Jignesh Desai, the company has grown humbly […]

Read More