Bharat Bijlee Limited at its board meeting held on May 17, 2024 approved proposal for capex, to enhance the production capacity of Transformer Division at Company's existing Works, Airoli. Post capex, the capacity will increase to 28,000 MVA p.a. Existing Capacity: 18,000 MVA, Existing Capacity Utilization: 83%, Proposed Capacity Addition: 10,000 MVA, Period within which the proposed capacity is to be added: 21 months, Investment Required: INR 1.70 billion, Mode of Financing: Internal Accruals and Rationale: To cater to growing demand for transformers.