Indo Tech Transformers has secured order worth around Rs 42.88 crore (plus applicable GST) from Leap Green Energy Group. The order is for manufacturing and supply of 2 transformers of 125 MVA each in the 400/33 kV voltage class for a Solar project for the account Magnolia Powertec and 2 transformers of 125 MVA each in the 230/33 kV voltage class for a Wind project for the account of Crocus Green Energy.
The award is strategically significant for the company as it strengthens its presence in the renewable energy segment and demonstrates its capability to manufacture and supply higher-voltage transformers, including 400 kV class transformers, in line with the planned expansion into higher voltage products.
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.
