OUR BUSINESS
Our Company was incorporated on September 20, 2001 We are an Indian player serving global clients in critical energy transition equipment and power technologies.
We provide high voltage electrical equipment and solutions for electrical grid connectivity and energy transition.
- Reactors
- Transformers
- PLCC Components
- Instrument Transformers
- Edison Composites
We are a technology-driven company specializing in the provision of power products and solutions across power generation, transmission, distribution, and automation sectors. Additionally, we offer equipment and solutions tailored for emerging applications such as large-scale renewables.
Our manufacturing facilities adhere to the quality standards required by our global conglomerate clientele, including those listed
on the Fortune 500. Additionally, the Company’s Test & Research Lab in Sangli holds ISO 17025:2017 accreditation from the
National Accreditation Board for Testing and Calibration Laboratories (“NABL”), certifying it as an independent test laboratory
that complies with both Indian and international standards for systems up to 765kV.
We are among the few global manufacturers of critical high voltage equipment for High Voltage Direct Current (“HVDC”) and
Flexible AC Transmission Systems (“FACTS”) networks.
These equipment and networks form key components for energy transition from renewable sources to traditional power grids. With over two decades of experience in the energy transition space.
we provide an extensive range of products crucial for effective power transmission and advanced power automation.
Our offerings include reactors, transformers, line traps, instrument transformers, capacitor banks, converters, harmonic filters, and
reactive power compensation systems.
our grid interconnection solutions feature technologies such as STATCOM and static var compensator systems (“SVC”). Our domestic and global footprint allows us to cater to both Indian and global customer bases.
Our operating facilities adhere to the quality standards required by our global conglomerate clientele, including those listed on
the Fortune 500
our test laboratory facility in Sangli holds ISO 17025:2017 accreditation from the National Accreditation Board for Testing and Calibration Laboratories, certifying it as an independent test laboratory that complies with both Indian and international standards for systems up to 765kV.
HVDC technology is transforming the landscape of energy transition equipment and power technologies by enabling efficient,
long-distance power transfer with markedly reduced energy losses.
This advancement is crucial for integrating renewable energy sources from remote locations, such as offshore wind farms and solar plants in remote regions, into urban areas.
FACTS devices, including Static Synchronous Compensators (“STATCOM”), are pivotal in ensuring grid stability and reliability.
They manage fluctuations from variable renewable energy sources through dynamic voltage regulation and reactive power
compensation.
The adoption of HVDC and STATCOM technologies is vital for the green energy transition, as they facilitate the efficient and stable integration of renewables into the power grid .
Our product portfolio contributes to advancing decarbonization efforts, sustainability, and green energy initiatives.
We offer a range of technology-driven products, comprehensive system solutions, and professional services tailored for the power sector.
The customers we cater to run their operations across multiple key areas, including (i) power transmission, providing effective
transfer of electricity over distances, (ii) power distribution, ensuring the delivery of electricity to end users, and (iii) power
automation, integrating advanced technologies for efficient power management.
We also specialize in grid interconnection equipment, which addresses infrastructure and devices needed to connect multiple power grids or electrical systems.
Our manufacturing operations in India are spread across two locations, including Sangli, Maharashtra, and Aluva, Kerala.
we had 210 customers. Our end customers include power utilities, power industries, and renewable
energy entities.
we cater to include Asia, Middle East, North America, South America, Australia and Europe.
OBJECTS OF ISSUE
- Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited.
- Funding capital expenditure requirements of our Company for purchase plant and machinery.
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
Qualitative Factors
- Global energy transition and power technology player catering to diverse industry segments and poised to benefit out of
global shift towards decarbonisation and adoption of renewable energy. - Demonstrated track record of growth and financial performance.
- Diversified customer base of global businesses with long lasting relationships.
- Comprehensive product portfolio in the energy transition equipment and power technologies sector in India and abroad
with high trade barriers. - Demonstrated record of strategic acquisitions along with enhanced order book contributing to sustainable growth.
- Research and development capabilities to offer future ready solutions.
- Management team with domain experience.
Quality Power Electrical Equipments Comparison of Accounting Ratios with Peer Group Companies
- Transformers & Rectifiers (India) Limited.
- Hitachi Energy India Ltd.
- GE T&D India Limited
