Premier Energies Ltd will acquire 51% of Hyderabad-based Transcon Ind Ltd for ₹ 500.3 crore, making it a subsidiary. This strategic investment marks Premier’s entry into power transformer manufacturing, expanding its presence across the energy value chain. By leveraging Transcon’s brand, dealer network, and market goodwill, Premier aims to scale operations efficiently, create operational synergies with its solar module business, and offer integrated energy solutions, strengthening its position as a full-spectrum energy solutions provider
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