Indo-Tech Transformers Bags ₹165.55 Crore Order from AP TRANSCO for 26 Power Transformers
Indo-Tech Transformers Limited has secured a significant order worth ₹165.55 crore plus applicable taxes from Andhra Pradesh Transmission Corporation Limited (AP TRANSCO) for the manufacture and supply of 26 power transformers.
The company disclosed the development on September 2, 2026, under Regulation 30 of the SEBI Listing Regulations.
Order Details
The purchase orders cover the supply of a total of 26 power transformers, comprising:
- 17 transformers of 80 MVA capacity, rated at 220/33 kV
- 9 transformers of 80 MVA capacity, rated at 132/33 kV
The aggregate order value stands at ₹165.55 crore, excluding applicable taxes.
The order has been awarded by AP TRANSCO, making it a domestic order and directly linked to India’s power transmission infrastructure.
Execution Timeline
Indo-Tech Transformers is scheduled to execute the orders between October 2026 and June 2027.
The multi-month execution schedule provides the company with a defined order pipeline extending into FY2027, supporting revenue visibility for its power transformer manufacturing business.
Why the Order Matters
The order is significant because it strengthens Indo-Tech Transformers’ presence in the power transmission equipment segment and adds to its order visibility.
The requirement for both 220 kV and 132 kV transformers indicates demand for equipment across different levels of the transmission network. India’s continuing investments in electricity transmission and grid infrastructure could provide a supportive backdrop for transformer manufacturers.
For investors, the key factors to monitor will be the company’s ability to execute these orders on schedule, maintain margins, and convert the order inflow into revenue and cash flow.
Investor Takeaway
The ₹165.55 crore AP TRANSCO order is a meaningful business development for Indo-Tech Transformers. The order involves 26 power transformers and is scheduled for execution from October 2026 through June 2027.
The development adds to the company’s near-term order visibility and highlights ongoing opportunities for power equipment manufacturers as transmission infrastructure expands.
Investors should track subsequent order inflows, execution progress, capacity utilisation and profitability to assess the longer-term impact of this contract on the company’s financial performance.
Company: Indo-Tech Transformers Limited
Order Value: ₹165.55 crore + applicable taxes
Customer: Andhra Pradesh Transmission Corporation Limited (AP TRANSCO)
Products: 26 power transformers
Execution: October 2026 to June 2027
Order Type: Domestic
Related Party Transaction: No