New Delhi, Apr 23 (PTI) Saatvik Green Energy on Thursday said it has acquired 80 per cent equity stake in Melcon Transformers and Electricals Pvt Ltd, a Jaipur-based transformer manufacturer.
The share purchase agreement was signed on April 23, 2026, the company said in a statement.
Melcon, incorporated in 2005, operates at the very backbone of the power ecosystem designing and manufacturing transformers that enable reliable transmission and distribution of energy.
Its portfolio spans oil-type, dry-type, auxiliary, and energy-efficient transformers ranging from 5 KVA to 12,500 KVA (up to 33 KV class), addressing diverse industrial and utility requirements.
Saatvik Green Energy CEO Prashant Mathur said in the statement, “Our acquisition of Melcon
is a strategic step towards deepening our control across the power value chain. By integrating transformer manufacturing, we are not just adding a capability we are enhancing execution speed, ensuring quality assurance, and creating a more resilient and responsive supply chain.” PTI KKS TRB TRB
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