Solar energy firm signals shift from pure-play generation to a broader energy infrastructure Saatvik Green Energy Limited acquires 80% equity stake in Melcon Transformers and Electricals Private Limited Melcon is a Jaipur-based transformer manufacturer, incorporated in 2005, with its manufacturing facility situated at Alwar Acquisition gives Saatvik a manufacturing footprint in power transmission equipment, a […]
Saatvik Green Energy Expands Strategic Footprint with Majority Stake in Melcon Transformers – EQ
In Short : Saatvik Green Energy has acquired an 80% stake in Melcon Transformers, strengthening its presence in the power equipment and renewable energy value chain. The acquisition aims to enhance manufacturing capabilities and ensure reliable supply of critical components. This strategic move supports vertical integration, improves project execution efficiency, and aligns with India’s growing […]
