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Saatvik acquires 80% in Melcon, enters transformer manufacturing

  • Posted on April 23, 2026
  • By Financial Express
  • 0 Views
  • 1 min read
Saatvik acquires 80% in Melcon, enters transformer manufacturing
Saatvik acquires 80% in Melcon, enters transformer manufacturing

Solar manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals, marking its strategic entry into the power equipment segment.
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Author
Financial Express

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