CG Power and Industrial Solutions Ltd. has emerged as the lowest bidder (L1) for a power transformers package for NTPC Limited’s 3×800 MW Telangana Super Thermal Power Project Stage-II. According to the financial bids opened on June 17, 2026, CG Power quoted Rs 425.26 crore for the contract, compared to Bharat Heavy Electricals Limited’s (BHEL)…
Marsons Limited has received a work order from West Bengal State Electricity Transmission Company Limited (WBSETCL) for the repair, inspection, and testing of 50 MVA, 132/33 kV power transformers, including to-and-fro transportation. The contract is valued at Rs 9,48,36,600, inclusive of Goods and Services Tax (GST). The execution timeline for the order is between six…
Supply chain constraints in the global grid equipment market are beginning to ease as original equipment manufacturers (OEMs) expand production capacity and buyers diversify sourcing through countries with surplus manufacturing capability, including Turkey, China, South Korea, and India, according to a report by Rystad Energy. The report stated that prices and lead times for key…
Marsons Limited has received a Letter of Intent (LoI) valued at approximately Rs 31.27 crore, including Goods and Services Tax (GST), from Assam Electricity Grid Corporation Limited (AEGCL) for the supply of power transformers and associated services. According to the company’s stock exchange filing, the order covers the supply of 132/33 kV, 50 MVA power…
Transformers and Rectifiers (India) Limited (TARIL) has doubled its transformer manufacturing capacity to 33,000 MVA over the past two years and is now targeting 75,000 MVA, alongside expanding into high-value segments such as high-voltage direct current (HVDC), ultra-high-voltage systems and export markets across more than 40 countries. The company recently secured a landmark HVDC transformer…
Hitachi Energy India Limited reported a 79.7% year-on-year (YoY) increase in net profit for the fourth quarter of FY26, supported by strong revenue growth and improved operating margins. The company also approved an additional capital expenditure of Rs 2,000 crore to expand manufacturing capacity, including a new large power transformer facility in Gujarat. Net profit…
Atlanta Electricals Limited has reported strong financial performance for the quarter and financial year ended March 31, 2026, supported by revenue growth, margin expansion, and a debt-free balance sheet. The company’s consolidated revenue from operations for FY26 increased 48.8% year-on-year to Rs 1,851.52 crore. Profit after tax (PAT) rose 70.1% to Rs 201.77 crore, while…
Atlanta Electricals Limited has secured an order worth approximately Rs 190 crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN), the state’s power transmission utility, for the supply of power transformers and associated fire protection systems. The contract covers 53 units of 50 MVA, 132/33 KV power transformers, along with 53 Nitrogen Injection Fire Prevention…
Atlanta Electricals Limited has received approval from Power Grid Corporation of India Limited to manufacture up to 400 kV class transformers at its Vadod facility in Gujarat, achieving the milestone within two years of groundbreaking at the site. The approval enables Atlanta Electricals to participate in extra-high voltage transformer tenders issued by Power Grid. Participation…
Siemens Energy India Limited has approved an investment of about Rs 2,060 crore to set up a new power transformer manufacturing facility with an additional capacity of around 30,000 MVA. The decision was cleared by the Board of Directors at its meeting held on February 13, 2026. The expansion is aimed at meeting rising domestic…