Voltamp Transformers Limited has announced that it has received a Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for a significant order valued at approximately ₹149 crore, inclusive of GST.
The order involves the supply of various ratings of power transformers as part of the company's ongoing expansion in the domestic power infrastructure sector.
On October 29, 2025, Voltamp Transformers Limited informed the stock exchanges that it has secured a Letter of Intent from GETCO for the design, manufacture, testing, and supply of multiple ratings of power transformers. This contract, valued at about ₹149 crore, marks another key milestone in the company's contribution to India's power transmission sector.
The order is to be executed within a 6-month period, reflecting the company’s operational efficiency and ability to deliver large-scale engineering projects within tight schedules. The entire scope of work will be completed in accordance with the technical and quality specifications outlined in GETCO’s tender requirements.
The agreement with GETCO is a domestic contract, reinforcing Voltamp’s strong presence in the Indian power equipment market. The project involves end-to-end processes including design, manufacturing, testing, and supply of transformers of various ratings. These transformers play a critical role in maintaining grid reliability and power quality across Gujarat’s transmission network.
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Voltamp Transformers has confirmed that neither its promoters nor group companies hold any interest in Gujarat Energy Transmission Corporation Limited. The order does not fall under related party transactions and has been secured on an arm’s length basis, adhering to SEBI’s disclosure and governance standards.
On October 29, 2025, Voltamp Transformers share price opened at ₹7,101.50 on NSE, near the previous close of ₹7,101.50. During the day, it surged to ₹7,350.00 and dipped to ₹7,042.00. The stock is trading at ₹7,265.00 as of 2:53 PM. The stock registered a significant gain of 2.30%.
Over the past week, it has moved up by 0.46%, over the past month, it has moved up by 1.84%, and over the past 3 months, it has declined by 21.76%.
The ₹149 crore Letter of Intent from GETCO highlights Voltamp Transformers Limited’s continued strength in India’s power transmission segment. With its proven manufacturing capabilities and strong execution record, the company remains a trusted supplier for utilities across the country. The successful completion of this order within the stipulated 6-month timeframe will further enhance Voltamp’s market standing in the electrical equipment industry.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Oct 29, 2025, 3:29 PM IST
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