Indo Tech Transformers Secures ₹165.55 Cr Order from AP Transco
Indo Tech Transformers Limited secured orders worth ₹165.55 Crores plus taxes from AP TRANSCO for 26 power transformers. The order includes 17 units of 80 MVA / 220/33 kV and 9 units of 80 MVA / 132/33 kV transformers. Execution is slated between October 2026 and June 2027.
The order value of ₹165.55 Crores is material for the company and is expected to contribute positively to its financial performance.
The company has secured a significant order, which is positive for its business and revenue prospects.
Indo Tech Transformers Limited has announced the bagging of significant orders from Andhra Pradesh Transmission Corporation Limited (AP TRANSCO).
The company received Purchase Orders (PO) on various dates for the supply of 26 power transformers. The aggregate value of these orders amounts to ₹165.55 Crores, plus applicable taxes.
The orders include the supply of 17 units of 80 MVA / 220/33 kV Power Transformers and 9 units of 80 MVA / 132/33 kV Power Transformers. These orders are from a domestic entity, AP TRANSCO.
The execution period for all 26 transformers is scheduled between October 2026 and June 2027. The company has confirmed that there are no promoter or promoter group interests in AP TRANSCO, and the transactions do not fall under related party transactions. This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, due to the material significance of the order value in the ordinary course of business.
A plain-language summary of a public exchange filing by Indo Tech Transformers Limited. Read the original for the full detail.