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Investor Presentaiton

Empowering India's Future: Transforming the Transformer Industry Indian Transformer Market Size o The India transformer market is expected to rise at a CAGR of more than 5% during the forecast period. o The Transformer market in India can be pegged at more than INR 12,000 Crores. Power Transformers contribute 45 percent of the total market and distribution transformers, 55 percent. o Anticipating the huge domestic, requirement of power sector expansion and overseas demand, the transformer industry in India has more than doubled its manufacturing capacity over the last five years. o Transformer manufacturing capacity in India stands at ~370 GVA with capacity utilization rates hovering around 60-70 percent on an average over the last 5 years. Power Sector India Transformer Market (Market Size) CAGR>5% 2023 2028 o India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 416.59 GW as of April 30, 2023. o India's power generation witnessed its highest growth rate in over 30 years in FY23. Power generation in India increased by 8.87% to 1,624.15 billion kilowatt-hours (kWh) in FY23. ā—‹ According to data from the Ministry of Power, India's power consumption stood at 130.57 BU in April, 2023. o The peak power demand in the country stood at 226.87 GW in April, 2023. Investor Presentation SPEL Source- ibef, mordorintelligence 21
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