Saatvik Green Energy Acquires 80% Stake in MELCON Transformers and Electricals

Saatvik Green Energy Limited has acquired an 80% equity stake in MELCON Transformers and Electricals Private Limited, marking a strategic move to strengthen its presence in India’s clean energy infrastructure sector.

The acquisition brings together Saatvik’s focus on integrated energy solutions and MELCON’s expertise in transformer manufacturing. The partnership is expected to support the development of critical power infrastructure required for the country’s expanding renewable energy ecosystem.

According to the companies, the collaboration aims to enhance capabilities across the energy value chain as demand for clean energy infrastructure continues to grow. The move aligns with Saatvik’s broader strategy of expanding beyond solar generation and supporting the infrastructure needed to power India’s energy transition.