Indo Tech Transformers Secures ₹55 Crore Order for 5 Power Transformers
Indo Tech Transformers Limited received a Letter of Award (LoA) for ₹55 Crores plus taxes to supply 5 power transformers. The order comprises three 170/175 MVA and two 125 MVA units. Execution is slated between January and April 2027.
The order value of ₹55 Crores is considered material for the company, indicating a medium impact on its revenue and operations.
The company has secured a significant new order, which is positive for its business prospects.
Indo Tech Transformers Limited has received a Letter of Award (LoA) for the supply of 5 power transformers. The aggregate value of this order is ₹55 Crores plus applicable taxes.
The order includes the supply of 3 units of 170 MVA / 175 MVA Power Transformers and 2 units of 125 MVA Power Transformers. This contract was awarded by WAAREE RENEWABLE TECHNOLOGIES LIMITED, a domestic entity.
The execution period for all 5 transformers is scheduled between January 2027 and April 2027. The company has confirmed that this transaction does not fall within the definition of a related party transaction and that the promoters or group companies have no interest in the awarding entity.
A plain-language summary of a public exchange filing by Indo Tech Transformers Limited. Read the original for the full detail.