Varroc Wins Strategic Contract for AC Bi-Directional Wall Charger
POWER & RENEWABLE ENERGY

Varroc Wins Strategic Contract for AC Bi-Directional Wall Charger

Varroc Engineering Limited (Varroc) has won a multi-year supply contract to provide AC bi-directional wall chargers to a leading global electric vehicle original equipment manufacturer. The chargers will be Energy Star compliant and built to deliver high stability, enhanced safety and consistent charging performance. Manufacturing will take place at Varroc's established facility in Romania to ensure quality production and timely deliveries in line with global standards. Varroc is a global tier-one automotive supplier with end-to-end capabilities across design, development and manufacturing.

The programme is expected to run for six years with Varroc establishing peak annual capacity that aligns with forecasted volumes. The estimated annual business value at peak capacity is Rs 4,391 mn, equivalent to about USD 48 mn. The company said the award reflects its ability to meet stringent technical and regulatory requirements for vehicle electrification. Production at the Romania site is expected to support localisation and supply chain efficiency for the programme.

Varroc indicated that the contract underlines its commitment to supplying world-class electronics solutions and to collaborate with the automotive ecosystem to enable safe, smart and sustainable mobility. The agreement is expected to strengthen Varroc's footprint in the global passenger vehicle electronics market and to support its strategic roadmap for growth in advanced safety, lighting and electric powertrain solutions. The programme will leverage the group's capabilities in electronics manufacturing, product development and system integration.

The group reported consolidated revenue of Rs 81,718 mn from continued operations in fiscal year 2025 and employs more than 6,100 employees, including more than 750 R&D engineers. Varroc operates 37 global manufacturing facilities supported by seven R&D centres and has filed more than 120 patents. The company intends to continue investing in technologies that address growing global demand for e-mobility, connectivity and advanced driver assistance systems.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Varroc Engineering Limited (Varroc) has won a multi-year supply contract to provide AC bi-directional wall chargers to a leading global electric vehicle original equipment manufacturer. The chargers will be Energy Star compliant and built to deliver high stability, enhanced safety and consistent charging performance. Manufacturing will take place at Varroc's established facility in Romania to ensure quality production and timely deliveries in line with global standards. Varroc is a global tier-one automotive supplier with end-to-end capabilities across design, development and manufacturing. The programme is expected to run for six years with Varroc establishing peak annual capacity that aligns with forecasted volumes. The estimated annual business value at peak capacity is Rs 4,391 mn, equivalent to about USD 48 mn. The company said the award reflects its ability to meet stringent technical and regulatory requirements for vehicle electrification. Production at the Romania site is expected to support localisation and supply chain efficiency for the programme. Varroc indicated that the contract underlines its commitment to supplying world-class electronics solutions and to collaborate with the automotive ecosystem to enable safe, smart and sustainable mobility. The agreement is expected to strengthen Varroc's footprint in the global passenger vehicle electronics market and to support its strategic roadmap for growth in advanced safety, lighting and electric powertrain solutions. The programme will leverage the group's capabilities in electronics manufacturing, product development and system integration. The group reported consolidated revenue of Rs 81,718 mn from continued operations in fiscal year 2025 and employs more than 6,100 employees, including more than 750 R&D engineers. Varroc operates 37 global manufacturing facilities supported by seven R&D centres and has filed more than 120 patents. The company intends to continue investing in technologies that address growing global demand for e-mobility, connectivity and advanced driver assistance systems.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement