Voltamp Transformers Limited has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for a contract worth approximately ₹149 crore, inclusive of GST. The order involves the design, manufacture, testing, and supply of various ratings of power transformers in line with GETCO’s tender specifications.
This is a domestic contract and is expected to be completed within six months. The project reinforces Voltamp Transformers’ strong presence in India’s power equipment sector. The company confirmed that the order does not fall under related-party transactions, and there is no promoter or group company interest in the awarding entity.
The new order from GETCO highlights Voltamp’s continued leadership in providing reliable and high-performance transformer solutions to major utilities across the country.
In the meantime, Voltamp Transformers’ shares traded in a narrow range today, opening at ₹7,101.50 and touching an intraday high of ₹7,288, while the day’s low stood at ₹7,042. The stock remains well above its 52-week low of ₹6,051 but is still trading far below its 52-week high of ₹12,099.95