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.
