Deals11 Sept 2025, 12:44 pm
Trishakti Industries to Purchase Equipment Worth 5.50 Crores for Reliance Industries' Renewable Energy Project
AI Summary
Trishakti Industries Ltd has received an order from Reliance Industries Limited for deploying heavy lifting equipment at one of their key renewable energy projects. The company will undertake a fresh capital expenditure of approximately 5.50 crores for the acquisition of Hydraulic truck-mounted cranes. This move is a part of the company's aggressive growth and asset build-out strategy in the infrastructure equipment rental business. The contract is expected to positively impact revenues and profitability in the upcoming quarters.
Key Highlights
- Trishakti Industries received an order from Reliance Industries Limited for deploying heavy lifting equipment
- The company will undertake a fresh capital expenditure of approximately 5.50 crores for the acquisition of Hydraulic truck-mounted cranes
- This move is a part of the company's aggressive growth and asset build-out strategy in the infrastructure equipment rental business
- The contract is expected to positively impact revenues and profitability in the upcoming quarters