Siemens Energy India Ltd has announced an investment of over Rs.2,000 crore in a new transformer manufacturing facility.
In a stock exchange communication, Siemens Energy India said that its board of directors, in this meeting held on February 13, 2026, approved an investment of around Rs.2,060 crore towards a new power transformer factory. The capital expenditure will be met through internal accruals, the communication said.
The new facility, coming up an undisclosed location, is have annual manufacturing capacity of around 30,000 MVA. This capacity will be built progressively between 2030 and 2032.
Discussing the rationale of the investment, the filing said that domestic and global trend for energy transition and electrification has resulted in very high and increasing demand for large power transformers.
It may be recalled that in November 2023, the company had announced investment of Rs.360 crore to double the transformer manufacturing capacity at its Kalwa plant in Maharashtra, from 15,000 MVA to 30,000 MVA. This expansion was scheduled to commission by December 2025.
Further, in November 2024, the company approved an additional investment of Rs.100 crore at Kalwa, to expand the product range to include large reactors.
Siemens Energy India Ltd reported new order inflow of Rs.3,343 crore during the quarter ending December 31, 2025, up 3.7 per cent from Rs.3,225 crore in the same period of 2024.
As of December 31, 2025, the company’s unexecuted order book stood at Rs.17,599 crore – 37.6 per cent higher, year-on-year.
The accounting year for Siemens Energy India Ltd runs from October 1 to September 30. The quarter ending December 31, 2025 therefore represents Q1 of its ongoing fiscal year (FY26) that will end on September 30, 2026.
Commenting on the Q1FY26 results, Guilherme Mendonca, Managing Director & Chief Executive Officer, Siemens Energy India Ltd (SEIL), said: “Our Q1 FY26 results reflect a continuous strong energy market, offering SEIL attractive growth opportunities across its entire generation and transmission portfolio. Excellent backlog execution led to an outstanding performance in the quarter. With the large power transformer capacity expansion, SEIL is fully committed with the Government of India’s Make in India strategy, strengthening the local supply chain for a Viksit Bharat.”
Also read: Siemens Energy India Ltd: New order inflow stable, order backlog up 47 per cent
Featured photograph (source: siemens-energy.com) shows the transformer manufacturing facility of Siemens Energy at Nuremberg in Germany. Incidentally, in September 2025, Siemens Energy announced an investment of 220 million Euros to expand manufacturing capacity by around 50 per cent at the Nuremberg factory where transformers are being produced since 1912.