Indo Tech Transformers to Invest INR 75 Crores for Capacity Expansion to 16,000 MVA

Indo Tech Transformers Limited Plans INR 75 Crore Capital Expenditure to Boost Capacity to 16,000 MVA

Indo Tech Transformers Limited has announced a capital expenditure proposal of INR 75 Crores to enhance its plant capacity to 16,000 MVA. The project will be executed over the financial years 2024-2027 and will be financed through internal accruals and bank borrowings (term loan).

Currently, the company operates with a capacity of 9,500 MVA and maintains a high utilization rate of 80-90%. The proposed capacity addition of 6,500 MVA aims to be completed by March 2027.