Indo Tech Transformers Secures INR 65 Crore Order from Renew Wind Energy
Filing Summary
Indo Tech Transformers Limited has received a Letter of Intent from Renew Wind Energy (Jamb) Private Limited for the supply of six transformers. The order, valued at approximately INR 65 Crores plus applicable taxes, involves the manufacture and delivery of 220 kV – 165 MVA transformers. The delivery is scheduled between February 2027 and May 2027. This domestic order is not a related party transaction. The disclosure complies with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015, as it is considered a material event by the company.
Indo Tech Transformers Limited has announced the receipt of a Letter of Intent dated January 08, 2026, from Renew Wind Energy (Jamb) Private Limited. The order is for the supply of six transformers, specifically 220 kV – 165 MVA units. The total value of this order is INR 64.99 Crores plus applicable taxes.
The order specifies the manufacture and supply of the transformers, with delivery scheduled between February 2027 and May 2027. This is a domestic order, and there is no interest from the promoter or promoter group in the awarding entity. Additionally, the transaction does not qualify as a related party transaction under the Companies Act, 2013.
This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as the order value is significant compared to the company’s ordinary business transactions. The company has classified this as a material event.
Renew Wind Energy (Jamb) Private Limited is involved in the renewable energy sector, focusing on wind energy projects. The company is part of the broader efforts to enhance sustainable energy solutions within the domestic market.
Indo Tech Transformers Limited specializes in the manufacture and supply of transformers. The company focuses on expanding its market presence in the power sector, providing solutions that cater to both domestic and international clients. Its strategic priorities include enhancing production capabilities and securing significant contracts to drive business growth.