- Business
- EMCO Limited (EMCO.NS) manufactures transformers and provides engineering solutions for power generation, transmission, and distribution utilities and industries worldwide. The company produces distribution, power, furnace, rectifier, traction power, and locomotive transformers for power utilities, steel mills, cement plants, petrochemical complexes, fertilizer plants, and independent power plants; static energy meters and metering solutions supporting communication through various media for residential, commercial, industrial, and special-purpose applications; and offers turnkey EPC projects for substations including GIS, industrial switchyards, and power distribution systems, as well as upgrades and revamping of existing systems and EHV transmission lines. It also provides transformer repair, overhauling, erection, testing, commissioning, maintenance contracts, spares supply, and diagnosis services; and engages in solar power generation, serving power utilities, oil and gas, mining, and EPC companies, with exports to approximately 50 countries across the United States, Europe, the Middle East, Africa, Southeast Asia, and the Indian subcontinent. Founded in 1964 and headquartered in Thane, India, EMCO Limited operates primarily from facilities in India with international reach. In recent major developments, the company entered liquidation proceedings following a National Company Law Tribunal order in August 2021 under the Insolvency and Bankruptcy Code, with ongoing processes including asset auctions and stakeholder claims as of 2024-2025.