ITTL Secures 13 Units of 150 MVA Transformers Worth ₹117.17 Crore

Indo-Tech Transformers Limited Secures 13 Units of 150 MVA Transformers Worth ₹117.17 Crore

Indo-Tech Transformers Limited (ITTL) announced a significant order for 13 units of 150 MVA transformers on December 31, 2024. The order, valued at INR 117.17 crore plus applicable taxes, was placed by a domestic entity and involves monthly deliveries, with the final unit expected by December 2025.

This large order represents a material milestone for ITTL, reflecting its focus on transformer manufacturing and distinct specialization. The company confirmed that the order is free from related party transactions as defined under the Companies Act, 2013.