Ahmedabad, Gujarat, India, July 2025 — Transformers & Rectifiers (India) Ltd has announced the appointment of Mukul Srivastava as its new Chief Executive Officer. A veteran in the electrical industry, Mukul brings over 30 years of executive leadership experience with deep expertise across the transformers and switchgear domain. His appointment comes at a time when the company is witnessing a surge in profitability and market expansion, underscoring its commitment to innovation and operational excellence in India’s power infrastructure sector.
Mukul joins Transformers & Rectifiers from CG Power and Industrial Solutions Limited, where he most recently served as President – Switchgear Division, overseeing strategic operations in Nashik. Prior to this, he was associated with Kirloskar Oil Engines Limited as Business Head – Prime Power Solutions, where he drove significant business growth in the power segment.
Earlier in his career, Mukul held multiple leadership roles at CG Power and Industrial Solutions Limited, including Vice President – Switchgear, Senior General Manager, and General Manager. In these roles, he carried full P&L responsibility for medium and extra-high voltage switchgear businesses and was instrumental in expanding product portfolios and market reach.
Before that, Mukul served as CEO of CG Lucy Switchgear Ltd., a joint venture of CG with Lucy Switchgear UK, where he successfully led the manufacturing and business development of Ring Main Units. His earlier roles at Crompton Greaves included stints in divisional marketing, production, and leadership of the MV switchgear business.
An alumnus of Indian Institute of Technology (IIT), Kanpur, with a Master’s in Industrial and Management Engineering, and a Bachelor’s in Mechanical Engineering from Dayalbagh Educational Institute, Mukul is expected to steer the company into its next phase of sustainable growth and technological leadership.
Transformers & Rectifiers (India) Ltd
Headquartered in western India, Transformers & Rectifiers (India) Ltd is one of the country’s leading transformer manufacturing companies. With state-of-the-art production facilities located in Moraiya, Changodar, and Odhav, the company boasts a total installed capacity of 36,000 MVA, making it the third-largest manufacturer in India.
The company manufactures a wide range of products including Power Transformers up to 1000 MVA, 1200 kV Class; Distribution Transformers; Furnace Transformers up to 120 kA; Rectifier Transformers up to 160 kA DC; and Reactors up to 765 kV. It operates an ultra-modern testing laboratory capable of testing transformers up to 1200 kV.
Certified for ISO 9001:2008, ISO 14001:2004, and BS OHSAS 18001:2007, Transformers & Rectifiers holds a 10% market share in Power Transformers and 50% in Furnace Transformers in India, supported by a workforce of over 1,200 employees. Its products have been successfully deployed across India and globally, including key projects for Gujarat Energy Transmission Corporation Limited and Power Grid Corporation of India Limited.
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