Indo Tech Transformers Secures ₹55 Crore Order from WAAREE Renewable
Indo-Tech Transformers Limited received a Letter of Award from WAAREE RENEWABLE TECHNOLOGIES LIMITED for ₹55 Crores. The order includes the supply of 5 power transformers, with execution scheduled between January 2027 and April 2027.
The order value of ₹55 Crores is substantial and is considered a material event by the company, indicating a positive impact on its business operations and financial performance.
The company has secured a significant new order, which is positive for business growth and revenue.
Indo-Tech Transformers Limited has announced receiving a Letter of Award (LoA) dated August 28, 2026, from WAAREE RENEWABLE TECHNOLOGIES LIMITED. The order is for the supply of 5 power transformers, comprising 3 units of 170/175 MVA and 2 units of 125 MVA.
The aggregate value of this domestic contract is ₹55 Crores plus applicable taxes. The company is expected to execute the supply of all 5 transformers between January 2027 and April 2027.
Indo-Tech Transformers Limited has confirmed that there is no interest from its promoters or promoter group companies in WAAREE RENEWABLE TECHNOLOGIES LIMITED, and the transaction does not fall under related party transactions. The company considers this order a material event due to its significant 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.