Acquiring Company
Saatvik Green Energy
Acquired Company
Melcon Transformers and Electricals
GurugramJaipurEnergyRenewable EnergySolarBiomass EnergyManufacturingEnergyOil And GasDescription
On April 23, 2026, Saatvik Green Energy acquired a controlling 80% interest in Melcon Transformers and Electricals. This acquisition marks Saatvik's entry into the power transmission equipment sector, expanding its operations in line with India's renewable energy ambitions. The deal was formalized through a share purchase agreement and enhances Saatvik's capabilities in the energy supply chain.
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Frequently asked
Who acquired Melcon Transformers and Electricals?
Melcon Transformers and Electricals was acquired by Saatvik Green Energy, based in Gurugram. The deal was reported on April 25, 2026. Saatvik Green Energy is an Indian solar manufacturer and EPC provider focused on renewable energy solutions. Saatvik Green Energy is privately held and operates in Energy.
When did Saatvik Green Energy acquire Melcon Transformers and Electricals?
Saatvik Green Energy's acquisition of Melcon Transformers and Electricals was reported on April 25, 2026. On April 23, 2026, Saatvik Green Energy acquired a controlling 80% interest in Melcon Transformers and Electricals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Melcon Transformers and Electricals do?
Founded in 2005, Melcon specializes in designing and manufacturing transformers for power transmission and distribution. Its products range from oil-type and dry-type transformers to energy-efficient units catering to both industrial and utility clients. It is privately held, operating in Manufacturing, and is based in Jaipur.
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