Saatvik Green Energy Acquires 80% Stake in Transformer Manufacturer

The acquisition will help Saatvik strengthen its presence across the power value chain

April 23, 2026

/ Rakesh Ranjan
/ Finance and M&A, Solar
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Haryana -based solar module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals, a Jaipur-based transformer manufacturer.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
: Saatvik Green EnergyAcquisitionfinanceM&AMelconModulesSolar
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