Hitachi Energy will invest $300 million in China to expand its power transformer and component manufacturing capacity, with the investment focused on facilities in Hefei, Anhui Province. The expansion is aimed at addressing growing global demand for transformers and strengthening the resilience of the global transformer supply chain. The investment will expand manufacturing capabilities in…
Transformers and Rectifiers (India) Limited (TARIL) has received a Letter of Intent (LOI) from Transmission Corporation of Andhra Pradesh Limited (APTRANSCO) for the manufacturing of transformers and associated work. The order falls within the Rs 100 crore to Rs 500 crore range, excluding GST, under TARIL’s classification of “Large Order”. The company is required to…
Power Grid Corporation of India Limited (PGCIL) has awarded a contract worth Rs 155.52 crore to CG Power and Industrial Solutions Limited for the supply of 765 kV reactors. The contract covers 14 units of 110 MVAR, 765 kV single-phase reactors under Lot 7 of PGCIL’s bulk procurement of 765 kV and 400 kV class…
Marsons Limited is expanding its manufacturing capabilities to produce transformers of up to 500 MVA in the 400 kV class, strengthening its presence in the extra-high voltage (EHV) transformer segment. The company is the only EHV transformer manufacturer in Eastern India, including the North Eastern Region, and has an installed annual capacity of 12,000 MVA…
Voltamp Transformers Limited reported revenue from operations of Rs 543.78 crore for the quarter ended June 30, 2026, up 28% from Rs 423.58 crore in the corresponding quarter of the previous fiscal year. Operating profit stood at Rs 76.91 crore during the quarter, representing an 11% increase over Q1 FY2026. However, the Earnings Before Interest,…
Accord Transformer & Switchgear Limited has acquired land in Rajasthan for the expansion of its manufacturing operations. The company has purchased a 20,300 sq m (2.030 hectares or 8.12 bigha) land parcel at Village Shekhupr Aheer, Tehsil Tijara, District Khairthal-Tijara, Rajasthan. The total transaction value is approximately Rs 10.67 crore, comprising Rs 8.85 crore for…
Transformers and Rectifiers (India) Limited (TARIL) has secured an order worth over Rs 1,000 crore from Power Grid Corporation of India Limited (PGCIL) for the manufacture and supply of transformers of various ratings. The contract also includes all associated works and is scheduled to be executed over the next 30 months. The order comes as…
Accord Transformer & Switchgear Limited has received vendor registration approval from Uttar Gujarat Vij Company Limited (UGVCL), enabling it to manufacture and supply 500 kVA, 11/0.415 kV Level-1 CRGO Copper Wound Distribution Transformers to the utility. The registration is valid for five years and allows the company to participate directly in tenders floated by UGVCL…
Hitachi Energy India Limited has announced an investment of around Rs 2,000 crore to establish a new large power transformer (LPT) manufacturing facility at Karjan in Vadodara, Gujarat. The investment, first indicated during the company’s FY26 fourth quarter results announcement in May 2026, is aimed at expanding domestic manufacturing capacity for grid equipment under the…
Marsons Limited has received an order worth Rs 33.19 crore, including GST, from Vikran Engineering Limited for the supply of inverter duty transformers for an NTPC Renewable Energy project, according to a regulatory filing. The order includes 17.6 MVA, 8.8 MVA, and 4.4 MVA oil-cooled (ONAN), on-circuit tap changer (OCTC), outdoor-type, aluminium-wound inverter duty transformers….