Waaree Transpower Bags Major Transformer Order

26 Dec 2025 CW Team

Waaree Transpower, a Waaree Group company, on Tuesday said it has secured a transformer supply order worth Rs 1 billion with a total capacity of 1.27 gigawatts.

The order has been placed by a leading solar engineering, procurement and construction company, the firm said in a statement, marking a key milestone soon after the launch of its inverter-duty transformer portfolio.

“Waaree Transpower has achieved a significant industry milestone by securing inverter-duty transformer orders exceeding Rs 1 billion within the first month of launch,” the company said.

Waaree Transpower was formed after Waaree Energies acquired a controlling stake in transformer manufacturer Kotsons Private Limited for Rs 1.92 billion in October and subsequently rebranded the entity.

The transformers will be deployed across multiple states for utility-scale renewable energy projects, although the company did not disclose a timeline for execution.

Unlike standard transformers, which are designed to handle low-frequency alternating current power, inverter-duty transformers are engineered to manage high-frequency and high-voltage transmissions, making them critical components in large solar and renewable energy installations.

"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."

Real Estate

07 Jul 2026

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..

Real Estate

07 Jul 2026

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..

Infrastructure Urban

07 Jul 2026

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..