Waaree Transpower Bags ₹100 Crore Transformer Supply Order

Waaree Transpower, a Waaree Group company, on Tuesday said it has secured a Rs 100 crore transformer supply order of 1.27 gigawatt (GW).

The order has been placed by a leading solar EPC (engineering procurement construction) company, Waaree Transpower said in a statement.

"Waaree Transpower has achieved a major industry milestone by securing Inverter Duty Transformer (IDT) orders exceeding Rs 100 crore within the first month of launch," it said.

In October, Waaree Energies acquired a controlling stake in transformers manufacturer Kotsons Private Limited (KPL) for Rs 192 crore and later renamed it Waaree Transpower.

The transformers will be deployed across multiple states for Utility-Scale Projects, the company said without sharing any timeline.

While the standard transformers are designed to handle low-frequency alternate current (AC) power, an IDT is built to handle high-frequency, high-voltage transmissions.