Investment13 Feb 2026, 02:15 pm
Siemens Energy India Ltd. Approves Rs. 2,060 Crore Investment in New Power Transformer Factory
AI Summary
Siemens Energy India Ltd. has approved an investment of around Rs. 2,060 crore towards a new power transformer factory. The capacity addition is expected to be from FY 2030 to FY 2032. The decision was made at the Board of Directors meeting held on February 13, 2026. The company also approved and released its unaudited financial results for the first quarter ended December 31, 2025.
Key Highlights
- Investment of Rs. 2,060 crore approved for a new power transformer factory
- Capacity addition expected from FY 2030 to FY 2032
- Unaudited financial results for Q1 FY 2026 approved
- Investment to be financed through internal accruals