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Saatvik Green Energy has acquired an 80% equity stake in Jaipur-based Melcon Transformers and Electricals Pvt Ltd, strengthening its position in the power value chain. The deal, signed in the past week, marks the company’s entry into transformer manufacturing. Melcon, established in 2005, produces a wide range of transformers catering to industrial and utility needs. The acquisition is expected to improve execution timelines, enhance quality control, and create a more reliable supply chain. This move aligns with Saatvik’s broader strategy to scale its operations in the energy infrastructure segment.
Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals Pvt Ltd, a Jaipur-based transformer manufacturer, as part of its expansion strategy in the power infrastructure segment. Advertisement
The share purchase agreement for the transaction was signed in the past week, according to a company statement. The acquisition marks a step towards strengthening the company’s presence across the power value chain, particularly in manufacturing capabilities.
Melcon Transformers, incorporated in 2005, operates in the core segment of the power ecosystem. The company focuses on designing and manufacturing transformers that support reliable electricity transmission and distribution. Over the years, it has built a portfolio that includes oil-type, dry-type, and auxiliary transformers, along with energy-efficient variants.
Its product range covers transformers from 5 KVA to 12,500 KVA, up to the 33 KV class, catering to both industrial and utility requirements. This wide capacity range allows the company to serve varied demand across sectors, including infrastructure, manufacturing, and power distribution.
Commenting on the development, Saatvik Green Energy’s CEO Prashant Mathur stated that the acquisition is aimed at strengthening the company’s control over the power value chain. He added that integrating transformer manufacturing would help improve execution speed, ensure better quality control, and build a more resilient and responsive supply chain.
The development comes at a time when demand for power equipment and grid infrastructure is increasing, driven by renewable energy expansion and ongoing investments in transmission and distribution networks. Companies in the sector have been focusing on backward integration to manage costs and timelines more efficiently.
Source Reuters
5th Jun, 2025
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