Indo Tech Transformers Limited has informed the Exchange about Bagging/Receiving of orders
INDOTECH · price
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Awaiting price reaction for this filing.
Indo Tech Transformers has received a Letter of Intent dated January 8, 2026, from Renew Wind Energy (Jamb) Private Limited for the manufacture and supply of 6 units of 220 kV – 165 MVA transformers. The aggregate order value is INR 64.99 Crores plus applicable taxes. The order is domestic in nature, with no related party interest. Delivery is scheduled between February 2027 and May 2027, giving the company revenue visibility for the next financial year. The company has classified this as a material event given the order's significance relative to its ordinary business transactions.
This is a positive development that strengthens the company's order book and provides revenue visibility into FY27. The association with a major renewable energy player also signals growing demand for power transformers in India's clean energy segment, which may boost investor confidence.