Trishakti Industries Signs ₹125 Crore MoU with XCMG for 900-Tonne Heavy-Lift Crane

Trishakti Industries Signs ₹125 Crore MoU with XCMG for 900-Tonne Crane
Trishakti Industries Signs ₹125 Crore MoU with XCMG for 900-Tonne Crane

Trishakti Industries has entered into a strategic Memorandum of Understanding (MoU) with XCMG for the proposed purchase of a 900-tonne heavy-lift crane valued at approximately ₹125 crore, marking the company’s planned entry into the high-capacity equipment segment for India’s growing wind-energy installation market.

The crane is intended to support the installation of next-generation wind turbines, as the industry moves towards larger turbine platforms that require substantially higher lifting capacities. The development is part of Trishakti’s broader strategy to expand its equipment fleet and participate in specialised infrastructure and renewable-energy applications.

The move comes as India’s wind-energy sector increasingly shifts towards turbines in the 5-MW class and above. Larger turbines bring higher-capacity nacelles, blades and other components, creating demand for heavy-lift cranes that can handle greater loads and operate at significant hub heights.

For Trishakti, the proposed 900-tonne machine represents a strategic expansion beyond conventional heavy-equipment applications. The company has been building its fleet to serve sectors including renewable energy, infrastructure, railways, steel, oil and gas and industrial projects. Its fleet utilisation stood at 100% during Q1 FY27, with management indicating strong demand across these sectors.

The company’s Q1 FY27 performance also provides context for the expansion. Revenue reached ₹16.80 crore, while net profit stood at ₹4.30 crore. The company reported an operating profit margin of 58.69% during the quarter.
Trishakti has previously outlined a broader capital expenditure programme of around ₹400 crore, of which approximately ₹270 crore had already been deployed. The remaining investment is planned to be directed towards additional equipment, including machinery for the wind-energy segment and other specialised applications.

The 900-tonne crane could provide Trishakti with access to a relatively specialised market. As wind turbines become larger, the availability of suitable lifting equipment can become a critical factor in project scheduling. Heavy-lift crane operators with the required capacity, technical expertise and mobilisation capability can therefore command a stronger position in large renewable-energy projects.

However, the ₹125 crore figure should not be treated as a confirmed order or immediate revenue addition. The disclosure is currently an MoU for the proposed crane purchase and is described as a pre-contractual arrangement. Revenue recognition would depend on the execution of a formal contract or Letter of Award.

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