Voltamp Transformers Secures $16.8 Million Order from GETCO
Voltamp Transformers Limited has won a $16.8 million (₹149 crore) order from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacture, testing, and supply of various ratings of power transformers. The contract is expected to be completed within six months, showcasing the company's operational efficiency.
The domestic order strengthens Voltamp Transformers' position in the Indian power transmission sector and reflects growing demand for power infrastructure in Gujarat. The company has officially notified stock exchanges in compliance with SEBI regulations, confirming that the order is not a related party transaction.
Voltamp Transformers, a prominent player in the transformer industry, will execute the order according to the tender specifications provided by GETCO. The contract highlights the company's ability to secure significant domestic contracts and efficiently deliver within tight timeframes.
This development underscores Voltamp's ongoing focus on operational excellence and reinforces its role in supporting India's growing electricity transmission requirements.
Source: scanx.trade
