Summary:
Indo-Tech Transformers Ltd. has won a purchase order worth ₹78.39 crore from Avaada Clean Project Pvt. Ltd. for the supply of nine 125 MVA transformers. The order, dated September 4, 2025, is considered a material development and highlights the company’s growing role in supporting India’s renewable energy infrastructure.
Order Details
- Client: Avaada Clean Project Pvt. Ltd. (Domestic)
- Contract Value: ₹78.39 crore (excluding taxes)
- Product: Nine 125 MVA transformers
- Delivery Schedule:
- 2 units by March 2026
- 3 units by April 2026
- 3 units by May 2026
- Regulatory Note: Classified as a material event under SEBI (LODR) Regulation 30
Strategic Relevance
The order holds significant value compared to Indo Tech’s routine business transactions, underlining its ability to execute large-scale contracts. Notably, the deal does not involve any related-party transactions, and there is no promoter interest in the awarding company.
Industry Context
Transformers are a critical component in renewable energy projects, ensuring reliable evacuation and distribution of power. By securing this order from Avaada, a leading player in India’s clean energy sector, Indo Tech Transformers strengthens its position in the domestic power equipment market and reinforces its role in supporting the country’s energy transition.
Disclaimer:
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