VCA Stocks

IMP Powers Ltd receives funding of Rs.190 Million   IMP is one of the oldest player in the power equipments segment with a product portfolio of various types of transformers, industrial meters and testing equipments. Transformers constitute about 95% of its FY2007 sales  As per the Government of India’s plan, 78,000 MW of power generation capacity will be added in 11th Five-year plan. In addition, improvements in transmission and distribution sector coupled with the replacement demand will also add to the urgent need for transformers. MOVCAPL believes that the IMP’s management has the requisite experience and capability to capitalize on the current growth opportunity in the sector.