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.

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.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement