Saatvik Green Energy Acquires Melcon Transformers Stake

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."