Supreme Power Equipment (SPEL), founded in 1994 and based in Tamil Nadu, has been a steadfast contributor to the power industry for over the decades. The company specializes in the manufacturing of power and distribution transformers, and its reputation as a key supplier to local electric utilities is built on its commitment to quality and reliability. The company’s venture into the windmill segment underscores its innovative approach and technical prowess. It designs transformers that meet the exacting standards of its customers, ensuring they can endure frequent switching and voltage fluctuations. These transformers are engineered to efficiently transfer power from windmill generators to the grid, a testament to the company’s technical expertise and dedication to renewable energy solutions. The company’s products are operational across multiple sites, reinforcing its position as a trusted name in the industry. SPEL is ISO 9001:2015, ISO 14001:2015, and OHSAS 45001:2018 certified, and is among the few transformer companies in India with these certifications.
Business area of the company
The company is engaged in the business of manufacturing, up-gradation, and refurbishment of transformers ranging from Power Transformer, Generator Transformer, Windmill Transformer, Distribution Transformer, Isolation Transformer, Solar Transformer, Energy Efficient Transformer, Converter and Rectifier Transformer.
Products
- Power Transformers
- Distribution Transformers
- Windmill Transformers
- Isolation Transformers
- Solar Transformers
- Energy Efficient Transformers
- Convertor and Rectifier Transformers
- Isolators
- Generator Transformers
Milestones/ Achievements
- 1994: Supreme Power Equipment was initially founded as a partnership firm
- 1996: New management improved design, modernized the factory, and marketing, boosting production to 5000KVA at 33KV class
- 2005: Company was incorporated as a private limited company with the name of “Supreme Power Equipment Private Limited”
- 2007: Alteration in Memorandum of Association due to increase in Authorized share capital. The Authorized Share Capital was increased from existing Rs 10 lakh to Rs 1 crore.
- 2007: Alteration in Memorandum of Association due to increase in Authorized share capital. The Authorized Share Capital was increased from existing Rs 1 crore to Rs 1.5 crore.
- 2008: Alteration in Memorandum of Association due to increase in Authorized share capital. The Authorized Share Capital was increased from existing Rs 1.5 crore to Rs 2.5 crore.
- 2014: Alteration in Memorandum of Association due to increase in Authorized share capital. The Authorized Share Capital was increased from existing Rs 2.5 crore to Rs 5 crore.
- 2015: Enhanced facilities enabled the production and rigorous testing of transformers up to 25 MVA/132 KV class
- 2023: Alteration in Memorandum of Association due to increase in Authorized share capital. The Authorized Share Capital was increased from existing Rs 5 crore to Rs 25 crore.
- 2023: Sub Division of shares due to Authorized Share Capital 25 crore divided into 2,50,00,000 Equity shares of Rs 10 each.
- 2023: The company transitioned from a Private Limited Company to a Public Company
- 2024: Started focusing on Larger power Transformers & SPEL Crosses Rs 1,000 crore Market Cap Milestone Within Six Months of Listing
- 2025: SPEL got approved as A vendor for Kerala state electricity board expanding its presence in the region & the Consolidated order book Value crossed mark of Rs 150 crore.