TRF Wins Rs 48.00 crores Equipment Order for Power Project

Jamshedpur
July 1, 2009

TRF Ltd, a Tata enterprise has won an order worth Rs 48.00 crores for the design, engineering, supply and commissioning of Coal Handling Plant equipments from BGR Energy Systems Limited for the 2X600 MW Kalisindh Thermal Power Project at Rajasthan. Some of the major equipments that will be supplied under the order are, Wagon Tipplers with Side Arm Chargers, Stacker cum Re-claimers, Apron Feeders, Ring Granulators, Grizzly Feeders. The Company will also make available the necessary spares under the contract.

This sizeable order for the supply of the thermal power project equipments will serve as one measure that will enable the Company to fulfill is aspiration to grow rapidly – five times in five years - and become a Rs 2500 crore by 2013, by enhancing focus on material handling business and entering new businesses as necessary.

Recently, TRF Ltd had entered in to a shareholders agreement along with M/s. Tata Capital Ltd and Jasper Industries Pvt. Ltd to form a joint venture viz. "Adithya Automotive Applications Pvt. Ltd" with the main objects of engaging in the business of automotive applications to provide end solutions through fabrications and machining for vehicles to be used as tippers, load bodies, trailers, refrigerated bodies, etc.

In June, 2009, the Company turned a new page in its history by deciding to issue of Bonus Shares in the ratio of 1:1 (i.e. one share for every one share held by the existing shareholders of the Company.

TRF Ltd is a pioneer in engineering and supply of material handling equipment and systems for five decades. The company also owns a subsidiary, York Transport Equipment (Asia) Pte Limited, Singapore, which is engaged in the business of production and distribution of trailer undergears, with market presence in 27 countries and manufacturing base in Singapore and Australia, and India  from April 2009.

(Rajen Sahay)
Head, Corporate Communications
TRF Limited