Transformers and Rectifiers (India) (T&R) said that first 3 units forming a bank of 1,500 MVA, 765 kV transformers manufactured by T&R have been commissioned at Nellore substation of Powergrid located in Andhra Pradesh, India.

The company is geared up with all the required facilities to manufacture 765 kV transformers and is ready to cope up with huge demand of 765 kV transformers and 765 kV shunt reactors in 12th and 13th, 5 year plans.

Shares of the company gained Rs 3.55, or 4.44%, to trade at Rs 83.45. The total volume of shares traded was 2,742 at the BSE (12.49 p.m., Thursday).