Indo Tech Transformers has announced the cancellation of a significant order valued at ₹64.99 crore from Renew Wind Energy (JAMB) Private Limited. The order, which involved the supply of six 220 kV – 165 MVA transformers, was initially executed on 8th January 2026.
The termination of the order was attributed to project delays on the part of Renew Wind Energy. Indo Tech Transformers clarified that the cancellation will not impact its operations, as manufacturing for the order had not commenced. The company also highlighted that its order book remains robust, having secured orders worth approximately ₹80 crore in the past week from various renewable projects.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by News Desk before publication.