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…
CG Power and Industrial Solutions Limited has secured its largest-ever single order, valued at approximately Rs 900 crore ($99.2 million), from Tallgrass Integrated Logistics Solutions LLC, USA. The export contract covers the supply of power transformers for a large-scale data centre project in the United States, marking CG Power’s entry into the global data centre…
Voltamp Transformers Limited has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for a contract valued at about Rs 149 crore, inclusive of GST. The scope includes the design, manufacture, testing, and supply of power transformers of various ratings as specified in GETCO’s tender. The order is domestic and scheduled for…
Hitachi Energy India Limited, on 26 June 2025, won a contract from Power Grid Corporation of India Limited (PGCIL) to supply 30 units of 765 kV, 500 MVA single-phase transformers. The 765 kV transformers will be manufactured at Hitachi Energy’s facility in Maneja, Gujarat. These units are key to managing high-capacity power flows and are…
GE Vernova T&D India Limited has secured an order from Sterlite Power for the supply and supervision of 765 kV power transformers and reactors for the Khavda project. The contract, valued at approximately Rs 4 billion, is scheduled to be completed within two years.
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers. The project, awarded on November 5, 2024, is expected to be completed within 12 months.
The board of CG Power & Industrial Solutions Ltd has approved the expansion of its power transformer manufacturing capacity from 35,000 MVA to 40,000 MVA with an estimated investment of Rs 270 million. This decision, made on October 21, 2024, follows previous expansions, including an ongoing upgrade from 25,000 MVA to 35,000 MVA at its…