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    <title>Premier Energies forays into transformer manufacturing by acquiring 51 pc stake in Transcon</title>
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    <description>Premier Energies acquired a 51 per cent stake in Transcon Industries for Rs 500.3 crore to enter transformer manufacturing and expand downstream integration. The acquisition enables the company to offer integrated and bundled transformer solutions-including solar and distribution transformers-to power producers, DISCOMs, and industrial customers, and to progressively target medium, high and extra high voltage segments as part of a strategy to become a fully integrated clean energy solutions provider alongside its cell, module, battery storage and inverter initiatives.</description>
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