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Indo Tech Transformers Secures ₹64.99 Crore Order for 6 Transformers
Indo Tech Transformers Limited
January 9, 2026, 06:20 AM
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Indo-Tech Transformers Limited has announced the receipt of a Letter of Intent (LOI) dated January 08, 2026, for the supply of six transformers. The aggregate value of this order is ₹64.99 Crores plus applicable taxes.
The order is from RENEW WIND ENERGY (JAMB) PRIVATE LIMITED and involves the manufacture and supply of six 220 kV – 165 MVA transformers. This is a domestic order, and the delivery is scheduled to take place between February 2027 and May 2027.
The company confirmed that the promoter or promoter group has no interest in the awarding entity, and the transaction does not fall within the definition of a related party transaction as per the Companies Act, 2013. Given its significant value relative to the company's ordinary course of business, this LOI is considered a material event.
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