Board approves additional INR 360 Cr CAPEX to raise transformer capacity to 50,000 MVA
INDOTECH · price
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Indo Tech Transformers Board approved an additional CAPEX of INR 360 Crores on June 26, 2026 to expand transformer manufacturing capacity from 14,000 MVA to 50,000 MVA (up to 400 KV range), executable by March 2029. Earlier CAPEX approvals totaling INR 135 Crores (for capacity up to 25,000 MVA) are already in progress. Total planned investment now stands at INR 495 Crores, funded through internal accruals and bank term loans. Current plant utilization is 80 to 90 percent.
Major capacity expansion signals strong growth outlook. INR 495 Cr total capex may pressure near-term returns but supports long-term revenue scaling.