Danish Power wins INR 57.14 crore transformer order
DANISH · price
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Danish Power has been awarded contracts worth about INR 57.14 crore, excluding GST, by unnamed leading renewable energy companies. The work covers design, engineering, manufacturing and supply of inverter duty transformers for solar projects across India. The domestic orders carry no promoter interest and are not related-party transactions. They are expected to be executed within 6-12 months.
The award improves order-book visibility and may lift revenue over 6-12 months, but profit margins and likely stock-price impact are not disclosed.