Accord Transformer Secures ₹20.02 Crore Wind Transformer Order

Order Details

Accord Transformer & Switchgear Limited has secured a new Letter of Award (LOA) for an aggregate amount of ₹20,02,27,064 (Rupees Twenty Crore Two Lakhs Twenty Seven Thousand Sixty Four Only), excluding GST. Applicable GST is 18%.

Significant Terms and Conditions

• Awarding Entity: Domestic entity (Aditya Birla Renewables)
• Nature of Order: Commercial orders for supply of 57 Nos of 3.6 & 5.5 MVA Wind Turbine Transformers
• Project Location: Wind Project located at Bhuj-1 and Bhuj-2, Gujarat
• Execution Timeline: Within 4-5 months from date of Purchase Order (PO)
• Related Party Status: No - promoter/promoter group/group companies have no interest in the entity that awarded the order
• Related Party Transaction: No - does not fall within related party transactions

Additional Context

The company notes that the order was received from a "very well-known company in its sectors" but cannot disclose the client name due to privacy terms and mutual understanding. The announcement was made after receiving due confirmation of the order from the client.