Voltamp Transformers Ltd expects its under-construction greenfield transformer facility in Gujarat to be commissioned from July 2026 onwards.
According to information previously released by the company, the plant is coming up at Jarod in Vadodara district, with an estimated outlay of Rs.200 crore, to be financed by internal accruals.
It will have annual manufacturing capacity of 6,000 MVA in the first phase, to roll out transformers in the 220kV class, up to 250 MVA capacity.
Capacity expansion will be governed by market conditions, the company had then said.
Meanwhile, in a recent release, Voltamp said that it will be investing Rs.25 crore in acquiring a plot of land near Vadodara, from Pramukh Developers. This transaction, to be completed in six months, will enable the company to create a land bank to be availed for future capacity expansion.
Currently, Voltamp has its manufacturing sites located at Makarpura and Savli, both in Vadodara district, Gujarat. These have aggregate manufacturing capacity of around 14,000 MVA per year. Power transformers of up to 160 MVA, 220kV are produced at Makarpura while the Savli facilities are for distribution transformers, dry-type transformers, ring main units and compact substations.
Voltamp closed FY26 with an order book of Rs.1,200 crore (or 102,70 MVA in physical terms), as of March 31, 2026. As against this, the comparable level as of March 31, 2025 (end-FY25) was Rs.841 crore (or 7,839 MVA).
In April 2026, the company book new orders worth Rs.310 crore for transformers with aggregate capacity 2107 MVA.
Voltamp said that the enquiry pipeline was robust and the company continues to remain selective while bidding and accepting orders.
In FY26, Voltamp was adversely affected by increased cost of imported raw materials, thanks to depreciation in the Indian Rupee. Besides, the ongoing Middle East conflict has resulted in a steep increase in cost of transformer oil, the company release noted.
Also read: Voltamp targets to commission greenfield transformer plant by June 2026
Featured photograph (source: Voltamp Transformers) is for representation only