MoneyWorks4Me

Indo Tech Transformers gets Letter of Intent worth Rs 64.99 crore

09 Jan 2026 Evaluate

Indo Tech Transformers has received Letter of Intent (LoI) from Renew Wind Energy (JAMB) for manufacture and supply of 6 Nos. 220 kV - 165 MVA transformer. The total value of the order is Rs 64.99 crore plus applicable taxes, with delivery scheduled between February 2027 and May 2027.

Indo Tech Transformers is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers and sub-stations.


Peers
Company Name CMP
Waaree Energies 2503.95
Apar Industries 17070.25
Havells India 1091.95
Suzlon Energy 42.13
Siemens 3748.10
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