Modern Engineering & Projects Ltd. (Ticker: MEAPL.BO) is a diversified engineering company specializing in the manufacturing and supply of power generation and transmission equipment. The company's core products include transformers; reactors; capacitors; power control and distribution systems; switchgear; and renewable energy solutions such as solar power systems. Modern Engineering & Projects operates primarily in India with expanding footprints in select international markets, providing services to utilities, industrial clients, and infrastructure sectors.
Founded in 1993 and headquartered in Mumbai, India, the company offers comprehensive engineering solutions encompassing design, manufacturing, installation, and commissioning of electrical and power infrastructure projects. Its product range covers oil-immersed transformers, dry-type transformers, electrical panels, and custom engineering solutions tailored for power utilities and industries. Additionally, Modern Engineering & Projects offers project management and after-sales support services, reinforcing its full lifecycle engagement with customers.
In the last 1-2 years, Modern Engineering & Projects Ltd. has notably expanded its renewable energy portfolio, launching new solar power generation solutions designed to cater to growing clean energy demands. The company has also entered strategic partnerships to enhance its technological capabilities and market reach. Operationally, it has strengthened its manufacturing facilities to boost production capacity, reflecting a strategic focus on scaling its core power equipment business alongside diversification into sustainable energy products. These moves underline the company's commitment to innovation and capturing emerging opportunities within the power and energy sectors.